SAFeTRADE 644 posts msg #52512 - Ignore SAFeTRADE |
6/25/2007 10:07:09 PM
No one to impress. It's called ZECCO.
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hrbmd2 14 posts msg #52692 - Ignore hrbmd2 |
6/29/2007 10:17:05 PM
I'm with Zecco, too. Great! Just have to be careful not to close 3 trades in the same week.
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hrbmd2 14 posts msg #52693 - Ignore hrbmd2 |
6/29/2007 10:21:59 PM
Hey SAFeTRADE,
Try this filter based on price and volume. nikoschopen helped me write it, and I've been tweaking it.
/*Volume Price Confirmation Indicator*/
set{VPC,vma(7) - cma(close,7)}
set{VPR,vma(7)/ma(close,7)}
set{VM,cma(volume,7)/cma(volume,28)}
set{Vpcii,VPC * VPR}
set{Vpci,Vpcii * VM}
Show stocks where close above 5
and close below 30
and volume above 300000
add column Vpci
and draw Vpci
and draw CEMA(Vpci,10)
and Vpci increasing within the last 1 day
and Vpci crossed above 0 within the last 1 day
and Vpci crossed above CEMA(Vpci,10) within the last 1 days
and CEMA(Vpci,10) decreasing
and close above close 1 day ago
When Vpci crosses up above EMA(Vpci) line, that's the buy signal.
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SAFeTRADE 644 posts msg #52699 - Ignore SAFeTRADE |
6/30/2007 1:01:38 AM
I have looked at it a bit since you posted it earlier. It does look interesting.
I prefer to use a new 55 day high as my buy point. I also prefer my risk indicator as a guide to get in a stock. I am still tweaking the thing. Every time I look at a chart that it pulls up I see something else that stands out to me. I am trying to narrow down my options to 2 or 3, probably only 2 setups. I also like my shares outstanding "turn" indicator as it gives me a view into how many shares are turning over.
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hrbmd2 14 posts msg #52725 - Ignore hrbmd2 |
6/30/2007 8:52:28 PM
Everybody has their own set up, or two. It's whatever works for you. Thanks.
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SAFeTRADE 644 posts msg #52730 - Ignore SAFeTRADE |
7/1/2007 8:11:09 AM
I have added relative strength based on the ETF "SPY". I have also plotted it with turnval and riskval.
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SAFeTRADE 644 posts msg #52848 - Ignore SAFeTRADE modified |
7/7/2007 12:07:27 PM
I added Percent above MA(50) %^ma50 to the filter to go with the RS. Look what happens when close crosses above MA50 @ or near .20 and RS crosses above 50. One other the other can happen a few days apart but generally they happen together.
Look at these in particular, all recent movers. BIDU, SA, TRA, BTJ, AMSC, WNR. CROX fit the criteria on it's move up. I will be watching for the "Double Cross" again as it pertains to CROX.
CTRIP may be happening as I write this. Check it out, see what you think.
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SAFeTRADE 644 posts msg #52920 - Ignore SAFeTRADE |
7/9/2007 10:28:11 PM
Simplified version of price and volume filter. Setup is as follows:
1. PRICE
High = 55 day high
ma50% greater than .20 (close greater than 1.20 of MA(50))
RS above 50
2. Volume
Turnval = 100
(turnval is OBV(30) / shares outstanding
3. Comfirmation:
Aroon above 50
RSI(14) above 68
Two recent examples are FSLR and JASO pictured below.
Fetcher[
set{rss, close / close 120 days ago}
set{spxc,ind(spy,close)}
set{spx120,ind(spy,close 120 days ago)}
set{rsb, spxc / spx120}
set{rs1, rss / rsb}
set{rs, indposition(rs1, 60) * 100}
set{50, 50}
high reached a new 55 day high in the last 1 day
volume > 450000
close > 15
turnval > 95
shares outstanding < 100
ma(50) > ma(300)
set{turnvol30, obv(30) / 1000000}
set{turn30, turnvol30 / shares outstanding}
set{turnval, indposition(turn30, 60) * 100}
set{55mult, count(high reached a new 55 day high in the last 1 day,5)}
set{55high, count(high reached a new 55 day high in the last 1 day,1)}
set{13low, count(close reached a new 13 day low in the last 1 day,1)}
add column turn30{obv/flt?}
add column 55mult
add column turnval
add column rs
add column aroon oscillator(25){aroon}
add column rsi(14){rsi14}
draw weekly rsi(2) on plot turnval
draw rs on plot turnval
draw 50 on plot turnval
draw aroon oscillator(25) line at 50
draw rsi(14) line at 68
draw 13low on plot 55high
SET{50change, close / ma(50)}
set{ma50%, 50change - 1.}
set{%^ma50, indposition(ma50%,60) * 100}
draw %^ma50 on plot turnval
set{50^120%, ma(50) * 1.20}
draw 50^120% on plot price]
Don't know why it is not clickable.
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anthonyviera 5 posts msg #52923 - Ignore anthonyviera modified |
7/10/2007 12:15:43 AM
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maxreturn 745 posts msg #52932 - Ignore maxreturn modified |
7/10/2007 8:35:58 AM
Weird, I can't make it clickable either.
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