subratkabi
1 posts
msg #96363
- Ignore subratkabi
modified |
9/17/2010 10:55:02 PM
I am new to stock trading, so open to learning and all suggestions are welcome.
The below filter will try to catch a trend and there will be trailing stop loss for every trade which is different for every stock depending on its volatility.
The trailing stop can be either stopl1(%) column or stopl2(%) column values.
How we can use this is to fetch stocks from 1 day before using this filter and select those stocks whose price is still increasing which means the trend has maintained. Trailing stop can be adjusted every day depending on volatility of the stock.
Backtesting of this filter is difficult on Stockfetcher because of trailing stop limitations.
The filter is in ascending order of ADX(14) , the higher the ADX means stronger the trend.
This is a long only filter.
What do you think about this filter?
-Subrat
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