jn_fetcher
3 posts
msg #91588
- Ignore jn_fetcher |
4/24/2010 2:01:52 AM
I 've been using www.stockcharts.com to look at charts of few stocks I know before I decided to buy. I lost lots of money last year due to the tumbled down of the financials, so I'm very careful.
At the stockcharts.com, I set (from top to bottom):
Daily Chart
Overlays Parameters:
EMA 4
EMA 8
EMA 21
Indicators Parameters:
RSI (2)
MACD (12,26,9) )---Default
Wilder DMI (ADX) 14
When all EMA lines cross to the upside (EMA4 on top, EMA8 in the middle, EMA21 at the bottom--all lines merge to one point), RSI(2) hit 70, MACD cross above "0"lines, i noticed it often was a good entry points.
For example, HD stock, when applying all the parameters indicated above, on Feb 8, 2010, all the EMA lines cross with uptrend slopes. On the same day, RSI(2) hit above 70, and MACD cross the “0” lines to the upside. It was a great entry points. HD advanced more than 20% since then.
I am looking for a filter that detects these stocks > $5 with a minimum of 500,000 share that have this pattern within past 3 trading days. Please HELP and thanks so much in advance for your help.
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klynn55
747 posts
msg #91590
- Ignore klynn55 |
4/24/2010 8:47:31 AM
search starts here: lot of good reading and an education:
http://filteringwallstreet.blogspot.com/
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chetron
2,817 posts
msg #91591
- Ignore chetron |
4/24/2010 9:24:38 AM
TRY these filters for starters... = )
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jn_fetcher
3 posts
msg #91604
- Ignore jn_fetcher |
4/24/2010 7:54:10 PM
Thanks so much .. I will try these filters..
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four
5,087 posts
msg #91608
- Ignore four
modified |
4/24/2010 8:38:56 PM
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To: jn_fetcher
When you post multiple locations with the same request... things get complicated and missed.
In the future please post in one location. Thanks.
Be a little patient while waiting for responses. This is all volunteer and community.
In fact, there are times when no reply will be given.
Thanks and welcome !
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I have copied your post and my response from the other discussion (subject: help with a filter).
jn_fetcher
- Ignore jn_fetcher 4/24/2010 1:46:09 AM
Hi I'm very new at this and also inexperienced at the stock market. Hope that someone can help me out with the following filter
I 've been using www.stockcharts.com to look at charts of few stocks I know b4 I decided to buy. I lost lots of money last year due to the tumbled down of the financials, so I'm very careful.
At the stockcharts.com, I set (from top to bottom):
Daily Chart
Overlays Parameters:
EMA 4
EMA 8
EMA 21
Indicators Parameters:
RSI (2)
MACD (12,26,9) )---Default
Wilder DMI (ADX) 14
When all EMA lines cross to the upside (EMA4 on top, EMA8 in the middle, EMA21 at the bottom--all lines merge almost to one point), RSI(2) hit 70, MACD cross above "0"lines, i noticed it often was a good entry point to buy.
I am looking for a filter that can detect these stocks > $5 with a minimum of 500,000 share that have this pattern within past 3 trading days. Please HELP and thanks so much in advance for your help..
four
- Edit message
modified 4/24/2010 11:45:43 AM
jn_fetcher
something to get you started...
hp722c
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jrbikes
624 posts
msg #91644
- Ignore jrbikes
modified |
4/25/2010 8:39:01 PM
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