StockFetcher Forums · Filter Exchange · /* MPs RSIWRL DISPLAY */ | << 1 ... 3 4 5 6 7 >>Post Follow-up |
TheRumpledOne 6,411 posts msg #37541 - Ignore TheRumpledOne |
8/19/2005 9:21:39 AM Your selection criteria returns 0 stocks... keep trying! |
TheRumpledOne 6,411 posts msg #37582 - Ignore TheRumpledOne |
8/21/2005 5:27:00 PM This filter finds stocks where the normalized momentum(12) is below 1 for the last 60 days. Change the price/volume to fit your own criteria. Once again, using Muddy's bottom tail column. I added the weekly bottom tail column. MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37583 - Ignore TheRumpledOne |
8/21/2005 5:36:32 PM SF: It looks like the clickable icon is always giving the FIRST filter on the page... possible bug. |
TheRumpledOne 6,411 posts msg #37584 - Ignore TheRumpledOne |
8/21/2005 5:56:52 PM I think I have finally tweaked the WARM FILTER to give you the best candidates for Mike Parker's RSIWLR PROPHET.NET DISPLAY. I added Muddy's bottom tail and a weekly bottom tail column. I include the trend indicator to show the 10/60/200 day trend. I use low momentum to select the stocks and sort on accumulation/distribution so the best ones should pop to the top. Of course, if you just load these into Mike's QT setup, and wait for green the hot ones for that day pop to the top. MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37602 - Ignore TheRumpledOne |
8/23/2005 4:27:49 PM REWRITTEN USING INDPOSTION!! Fellow traders, the INDPOSITION is the answer to my prayers! This filter is now DEAD ON! THANKS STOCKFETCHER. MAY ALL YOUR FILLS BECOMPLETE. |
TheRumpledOne 6,411 posts msg #37603 - Ignore TheRumpledOne |
8/23/2005 4:36:04 PM Whoops, forgot value is between 0 and 1 NOT 0 and 100...lol Just caught that! So have to use moval below .01. MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37604 - Ignore TheRumpledOne |
8/23/2005 4:40:58 PM I removed this line from the A/D version: LOW is BELOW the bottom linear regression line(60) With A/D low, I don't think we need to filter out anything else. Adjust price and volume to fit your criteria. THANKS AGAIN STOCKFETCHER, YOU HAVE NO IDEA THE POWER YOU HAVE GIVEN US! MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37607 - Ignore TheRumpledOne |
8/23/2005 5:02:26 PM Since that data is so much more accurate, we can now find stocks where the 4 WARM criteria are LOW! NOTE: Since RSI is already between 0 and 100, no need to normalize it. Just run this filter and pop these stocks in MP's QT setup. They fit the MP RSIWLR ANALYZER like hand in glove! MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37608 - Ignore TheRumpledOne |
8/23/2005 5:22:07 PM Here's the ORIGINAL MP RSIWRL DISPLAY rewritten using INDPOSITION: /* MP's RSIWRL DISPLAY */ /* DOCUMENTATION http://www.prophet.net/learn/taglossary.jsp?index=A&entry=AD The Accumulation/Distribution Line was developed by Marc Chaikin to assess the cumulative flow of money into and out of a security. He decided to focus on the price action for a given period (day, week, month) and derived a formula to calculate a value based on the location of the close, relative to the range for the period. This is the "Close Location Value" or CLV. The CLV ranges from plus one to minus one with the center point at zero. CLV = ( (C-L) - (H-C) ) / (H-C) The signals for the Accumulation/Distribution Line are fairly straightforward and involve divergence or confirmation. A bullish signal is given when the Accumulation/Distribution Line forms a positive divergence. Be wary of weak positive divergences that fail to make higher reaction highs. A two-week positive divergence should be suspect. However, a multi-month positive divergence deserves serious attention. The Accumulation/Distribution Line can also be used to confirm the strength or sustainability behind an advance. In a healthy advance, the Accumulation/Distribution Line should remain up or at least move in an uptrend. If the stock is moving up at a rapid pace, but the Accumulation/Distribution Line has trouble making higher highs or starts going sideways, buying pressure is relatively weak. The Accumulation/Distribution Line can at time have problems detecting subtle changes in volume flows. The rate of change in a downtrend could be slowing, but it may be impossible to detect until the Accumulation/Distribution Line turns up. This drawback has been addressed in the form of the Chaikin Oscillator or Chaikin Money Flow. http://trader.snowseed.com/accum_distrib.htm Accumulation/Distribution Line What is it The Accumulation/Distribution Line is one of the indicators using volume. As the price moves depend on supply and demand, one can assume that they FOLLOW the volume. So we can construct an indicator that uses volume data to predict the price of a security. The Accumulation/Distribution Line was developed by Marc Chaikin. It is combining volume and price data in one easy to use indicator. It can be considered a variation of the On Balance Volume indicator. Calculation As was mentioned above, the Accumulation/Distribution Line combines price data with the volume data. The price part comes from the Close Location Value indicator, calculated like CLV = ((Close - Low) - (High - Close)) / (High - Low) This approach is working by determining the location of the Close compared to the Low and High. The indicator oscillates between -1 and 1, the closer the CLOSE is to the High, the closer it is to one, which is considered a bullish signal. The closer period's CLOSE is to Low, the closer the indicator value is to -1, which is considered bearish. The "volume" part of the Accumulation/Distribution Line is introduced by multiplying the CLV by the corresponding period's volume. The Accumulation/Distribution Line is, therefore, the cumulative total of Volume * CLV. Usage When the Accumulation/Distribution Line and a stock price form a positive (negative) divergence, we consider it a bullish (bearish) signal. On the chart above we see a positive divergence forming over long period of time. The "buy" signal for this particular case would probably occur when the confirmatiobn is received from other tools of technical analysis, for example, when the resistance line is broken. */ Change the selection criteria to fit your needs and see how WARM your stocks are. The "warmest" pop to the top. TXTrapper, put your 8% in here this filter and see if you like it. Remember, Mike Parker is the ORIGINATOR of the RSIWLR concept. All I did was write a filter for it. MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37611 - Ignore TheRumpledOne |
8/23/2005 8:41:02 PM Since some stocks may take a few days to pop off the bottom, I thought we should have a filter for RSIWLR "FAILS": Comments that explain the code are embedded. I put the Bollinger Band/Linear Regression crosses columns back in along with the consecutive days up/down column. Feel free to add/remove columns. Please tweat this filter and post your version here. MAY ALL YOUR FILLS BE COMPLETE. |
StockFetcher Forums · Filter Exchange · /* MPs RSIWRL DISPLAY */ | << 1 ... 3 4 5 6 7 >>Post Follow-up |
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