miketranz 961 posts msg #75521 - Ignore miketranz |
6/16/2009 10:25:36 PM
Can any of you fine people set up a filter to show stocks that are trading over 18 day MA last 30days,over 1000000 Avg vol,Williams -.75,.50-25 price.And draw MA9 / MA18 / MA 27.Thanks,Mike.....
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chetron 2,817 posts msg #75530 - Ignore chetron modified |
6/17/2009 6:46:31 AM
NO, BUT MAYBE I CAN........ = )
DECREASED AVGVOL TO 100000 TO GET SOME RESULTS.....
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chetron 2,817 posts msg #75531 - Ignore chetron |
6/17/2009 6:54:13 AM
UNLESS OF COURSE YOU DID THIS....
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miketranz 961 posts msg #75536 - Ignore miketranz |
6/17/2009 9:07:57 AM
Chet,this is the ultimate pullback filter for high momentum stocks.If you offset back 2-4 days,the pullbacks get better.If you wait for the stock to trade over the previous days high,you're entering into a trend continuation at the right time.If seen alot of pullback filters in my day,but this one cuts to the chase.Thanks for your help,Mike...
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chetron 2,817 posts msg #75538 - Ignore chetron |
6/17/2009 9:17:56 AM
THANK YOU, MIKE...
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seanban 22 posts msg #75582 - Ignore seanban |
6/18/2009 3:30:25 AM
Mike,
Did some back testing for 2 weeks but I must be missing something in your approach. I look for newer highs the day after?
Day -1 results: DXO, ANPI, BEAV, ENTG, PGF
Day -2 results: MDR, TC, STEC, CTRP, TDC, ENTG - STEC winner
Day -3 results: GGB, VWO, MDR, CTRP, STEC, ANPI, MFC, IBN, TSL
So, one winner - STEC. Is my interpretation correct; looser, I need to check.
Thanks - Sean
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miketranz 961 posts msg #75585 - Ignore miketranz modified |
6/18/2009 9:25:18 AM
Sean,yes you enter only after the previous days high is broken.That could mean waiting a few more days after the filter shows stocks.If the stock sells off too far,its a scratch.There are no guarantees in the market.I never backtested or checked out any stats,but as you can see in the charts,they look good.The filter shows high momentum stocks,that had a good run,pulling back.Look at CTRP,TC,MDR,classic pullbacks....
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chetron 2,817 posts msg #75621 - Ignore chetron |
6/19/2009 6:56:38 AM
MAYBE...
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miketranz 961 posts msg #75637 - Ignore miketranz |
6/19/2009 10:49:40 AM
Chet,what's your best filter for stocks that gap up the next day? Buy on close,sell on open type of trade.Thanks,Mike...
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chetron 2,817 posts msg #75663 - Ignore chetron |
6/19/2009 6:00:44 PM
I HAVE NOT DEVELOPED A FILTER BETTER THAN TRO'S.
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