Jack18 5 posts msg #84233 - Ignore Jack18 |
12/11/2009 2:14:36 PM
I'm fairly new to writing my own filters and was just wondering if there were already an existing filter to search for a "golden cross" in stocks before I write one myself? I'm not being lazy, I'm just checking if there is such a thing already out there.
|
karennma 8,057 posts msg #84236 - Ignore karennma |
12/11/2009 2:34:48 PM
In forum search box, type in "Golden Cross".
|
Kevin_in_GA 4,599 posts msg #84240 - Ignore Kevin_in_GA |
12/11/2009 2:53:22 PM
That didn't seem too hard.
|
DMOBRIEN 363 posts msg #84241 - Ignore DMOBRIEN |
12/11/2009 2:58:10 PM
|
Jack18 5 posts msg #84283 - Ignore Jack18 modified |
12/11/2009 10:12:03 PM
Ah gee, you're right. It is a lot easier than I thought. Thank you. I'll now proceed to PRINT out the ENTIRE user guide like I should have instead of just reading bits of it on my screen. Thanks again to those who took some time with a newbie.
|
SFMc01 358 posts msg #84354 - Ignore SFMc01 |
12/13/2009 11:40:37 AM
What experience have any traders had with this strategy?
Any modifications desires?
|
Kevin_in_GA 4,599 posts msg #84356 - Ignore Kevin_in_GA modified |
12/13/2009 12:23:20 PM
How has this fared?
Here are the crossovers for the last 5 years:
11/05/2004: enter SPY at 117.28
07/19/2006: exit SPY at 125.69
Yield: 7.2% over 20 months
09/08/2006: enter SPY at 130.28
12/21/2007: exit SPY at 148.91
Yield: 14.3% over 15 months
06/23/2009: enter SPY at 89.35
today: SPY at 111.38
Yield: 24.6% in just over 5 months
3 trades in 5 years, but you completely mised the entire meltdown in 2008. You got in on the rally a little late, but still making good change.
|
chetron 2,817 posts msg #84360 - Ignore chetron |
12/13/2009 12:55:55 PM
HOW ABOUT SHORTING IT WHEN YOU SOLD AND COVER WHEN YOU BUY, KEV?
|
Kevin_in_GA 4,599 posts msg #84362 - Ignore Kevin_in_GA |
12/13/2009 1:03:56 PM
That works as well.
|
chetron 2,817 posts msg #84363 - Ignore chetron |
12/13/2009 1:16:11 PM
SO THERE WERE 6 TRADES IN 5 YEARS AND YOU CAUGHT DOWN TURN RIGHT ON TIME.
|