StockFetcher Forums · Filter Exchange · Filter to short stocks in downtrend market<< >>Post Follow-up
binhp
71 posts
msg #69369
- Ignore binhp		 11/25/2008 5:59:43 PM


Folks,

I am sharing with this filter I use to short stocks in this downtrend market.
My backtest results are very positive in the downtrend market.

average volume(90) > 1000000
set{60d,close/ema(60)}
60d crossed above 1.15 within the last 3 days
close increasing for the last 2 days

Enjoy,

BP
chetron
2,817 posts
msg #69371
- Ignore chetron		 11/25/2008 6:55:56 PM

thanx

clickable...

Fetcher[


average volume(90) > 1000000
set{60d,close/ema(60)}
60d crossed above 1.15 within the last 3 days
close increasing for the last 2 days

]
binhp
71 posts
msg #69372
- Ignore binhp		 11/25/2008 8:00:29 PM

Thanks Chetron .

Once there are no more buyers, the stock will drop like a rock !
chetron
2,817 posts
msg #69373
- Ignore chetron
modified		 11/25/2008 8:16:16 PM

A THOUGHT......


Fetcher[

set{60d,close/ema(60)}

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }
set{var1,count(60d crossed above 1.15,3)}

draw adval

var1 above .5
adval 1 day ago above 99
average volume(90) > 1000000
close increasing for the last 2 days
]




FOR LONGS.....

Fetcher[

set{60d,close/ema(60)}

set{var1,count(60d crossed above 1.15,3)}

draw adval

var1 above 1.5
average volume(90) > 1000000


]




A NEAT LITTLE INDICATOR....


Fetcher[

set{60d,close/ema(60)}

set{var1,count(60d crossed above 1.15,3)}

draw adval

var1 above .5
average volume(90) > 1000000
]
tomm1111
202 posts
msg #69376
- Ignore tomm1111		 11/26/2008 1:55:25 AM

Smoothed and normalized. Add your specific rules for long/short. Look for extremes on the stoch (<10 and >90). Nice filter binhp.

Fetcher[
average volume(90) > 1000000
and close is above 1

set{60d,close/ema(60)}
set{5d,close/ema(5)}

/* Smoothing */
set{my_rms,5d}
set{var,pow(my_rms,2)}
set{var1,sum(var,4)}
set{var2,var1/4}
set{rms,pow(var2,0.5)}

/* stochastics */
set{value,rms}
set{clow,value 20 day low}
set{chigh,value 20 day high}
set{num,value - clow}
set{dnom,chigh - clow}
set{ccc3,num/dnom}
set{calc,ccc3 * 100}

/* more smoothing */
set{stoch,cema(calc,3)}

draw 60d
draw stoch

add column 60d
add column stoch

sort column 6 descending
]
binhp
71 posts
msg #69378
- Ignore binhp		 11/26/2008 5:16:20 AM

Hello Chetron and Tommy1,

Thank you all for enhancing my basic filter. I backtested both of them and the results are amazing !!!

Cheers,

BP



chetron
2,817 posts
msg #69381
- Ignore chetron
modified		 11/26/2008 8:11:39 AM

FOR THE NON-EXCEEDERS.....

WORK IN PROGRESS

Fetcher[

/* WITHOUT STOCH */

average volume(90) > 1000000
and close is above 1

set{60d,close/ema(60)}
set{5d,close/ema(5)}

/* Smoothing */
set{my_rms,5d}
set{var,pow(my_rms,2)}
set{var1,sum(var,4)}
set{var2,var1/4}
set{rms,pow(var2,0.5)}

/* stochastics */
set{value,rms}
set{clow,value 20 day low}
set{chigh,value 20 day high}
set{num,value - clow}
set{dnom,chigh - clow}
set{ccc3,num/dnom}
set{calc,ccc3 * 100}

draw 60d
draw rms

add column 60d
add column calc

sort column 6 descending

]




WITHOUT SMOOTHING....

Fetcher[

/* WITHOUT SMOOTHING */

average volume(90) > 1000000
and close is above 1

set{60d,close/ema(60)}
set{5d,close/ema(5)}


/* stochastics */
set{value,5D}
set{clow,value 20 day low}
set{chigh,value 20 day high}
set{num,value - clow}
set{dnom,chigh - clow}
set{ccc3,num/dnom}
set{calc,ccc3 * 100}
draw 60d
draw CALC

add column 60d
add column CALC

sort column 6 descending

]



WHY STOP THERE....

Fetcher[


/* STOCHASTICS FOR EVERYONE */
/* WITHOUT SMOOTHING */

average volume(90) > 1000000
and close is above 1

set{60d,close/ema(60)}
set{5d,close/ema(5)}

/* stochastics 60D */
set{value6,60D}
set{clow6,value6 20 day low}
set{chigh6,value6 20 day high}
set{num6,value6 - clow6}
set{dnom6,chigh6 - clow6}
set{ccc36,num6/dnom6}
set{calc6,ccc36 * 100}


/* stochastics 5D */
set{value,5D}
set{clow,value 20 day low}
set{chigh,value 20 day high}
set{num,value - clow}
set{dnom,chigh - clow}
set{ccc3,num/dnom}
set{calc,ccc3 * 100}

draw CALC6
DRAW CALC
add column 60d
add column CALC

sort column 6 descending

]
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