shillllihs 6,044 posts msg #106862 - Ignore shillllihs |
7/1/2012 2:18:06 AM
Buy at close of day, play long as long as it takes to make 6% then go short for another quick 6%. Usually takes 6 days. Had to keep it in theme. LUV THIS...
rsi(2) below 23
volume below avgvol
close below parabolic sars
open below parabolic sars
close between 2 and 5.21
MARKET CAP BELOW 600000
avg vol BETWEEN 2000000 and 10000000
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four 5,087 posts msg #106866 - Ignore four modified |
7/1/2012 10:35:33 PM
FYI...
Default: Average Volume(90) is being used
clickable
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shillllihs 6,044 posts msg #106867 - Ignore shillllihs modified |
7/1/2012 11:59:26 PM
RENN on June 14th is a perfect example of 666.
A much safer variation is to just go long for 6%. I have not backtested but it looks like 80-90%. Give it more time than 6 days, maybe a month and just test long. If anyone would be so kind as to check it out please break it down. I WOULD CHANGE PRICE RANGE TO 1- 5 though.
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tombrown1 61 posts msg #106898 - Ignore tombrown1 modified |
7/5/2012 11:29:48 PM
Interesting filter. I couldn't make any money with it in back testing though. I tried price 1-5 with different hold lengths and different money management over the last two years. Percent winners were decent but the drawdowns ate everything up.
Oh, and I only tried the long version.
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shillllihs 6,044 posts msg #106921 - Ignore shillllihs |
7/7/2012 1:16:15 PM
Well I tried. I do like the big moves though. Maybe options are a better play or
wait for pop then short.
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