StockFetcher Forums · Filter Exchange · Open Gap Display<< >>Post Follow-up
TheRumpledOne
6,411 posts
msg #37417
Ignore TheRumpledOne
8/11/2005 10:07:25 AM

Fetcher[
/* Open Gap Display */

set{OpenGap, open - close 1 day ago}

set{OCb,days(open is above close 1 day ago,100)}
set{OCa,days(open is below close 1 day ago,100)}
set{OPxCL, OCa - OCb}

set{Gap10, count(OpenGap above .10 , 100)}
set{Gap100, count(OpenGap above 1.00 , 100)}

set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{CLxCL, CCa - CCb}


set{T10, count(10 day slope of the close above 0,1)}
set{T60, count(60 day slope of the close above 0,1)}
set{T200, count(200 day slope of the close above 0,1)}

Set{a1, T200 * 1}
Set{a2, T60 * 10}
Set{a3, T10 * 100}

Set{aa, a1 + a2}
Set{TREND, aa + a3}

set{v, volume 1 day ago}
set{volinc, volume - v}
set{volpc, volinc / v}
set{volpct, volpc * 100}

set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VLxVL, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}

add column OpenGap
add column OPxCL

add column Gap10
add column Gap100
add column OpenGap 100 day high
add column OpenGap 100 day low

add column CLxCL
add column TREND


and add column VLxVL
and add column Vdbl
and add column volpct

/* your filter code goes below this line */

close above 20
volume above 1000000

sort column 6 descending

/* your filter code goes above this line */
]



You can use this filter to find the best candidates to buy at the close and sell at the next day's open - the overnight gap play.

MAY ALL YOUR FILLS BE COMPLETE




meirc
9 posts
msg #37425
Ignore meirc
8/11/2005 7:35:16 PM

I didn't understand the porpose of this filter
we can't run scan interday so how this could help us?


TheRumpledOne
6,411 posts
msg #37431
Ignore TheRumpledOne
8/12/2005 9:06:13 AM

You missed the point...

The idea is to find stocks "gappers" that have a "habit" of doing this.

Just look at the 60 minute chart of the "gappers" about 15 minutes before the close... if down, chances are will pop the next day.

So, run the filter, download the symbols and pop them into QuoteTracker, eSignal, TradeStation, Prophet.net, etc... and see which ones have a low 60 minute RSI(2).

Papertrade the "gappers" until you understand and trust this trading tactic.

But always remember and never ever forget: ANYTHING CAN HAPPEN!

MAY ALL YOUR FILLS BE COMPLETE.


meirc
9 posts
msg #37461
Ignore meirc
8/14/2005 6:35:12 AM

Thank's



TheRumpledOne
6,411 posts
msg #48353
Ignore TheRumpledOne
12/2/2006 9:02:23 PM

POP TO THE TOP


TheRumpledOne
6,411 posts
msg #50405
Ignore TheRumpledOne
3/4/2007 1:26:16 AM

POP!


maxxam80
108 posts
msg #50406
Ignore maxxam80
3/4/2007 7:35:54 AM

can you explain what the headers mean on the filter results?



maxxam80
108 posts
msg #50417
Ignore maxxam80
3/4/2007 4:47:31 PM

does one of the coulmn shows how often they gap up out of 100

I think AAPL gaps up more regulary than it gaps down

there were a few other stock that gapped up as much as 80% it was from a different filter of yours though

please inform

thanks


TheRumpledOne
6,411 posts
msg #50420
Ignore TheRumpledOne
3/4/2007 8:13:56 PM

set{Gap10, count(OpenGap above .10 , 100)}

Gap10, number of days out of last 100 days the open gap was more than $.10


set{Gap100, count(OpenGap above 1.00 , 100)}

Gap100, number of days out of last 100 days the open gap was more than $1.00


maxxam80
108 posts
msg #50428
Ignore maxxam80
3/5/2007 6:41:30 AM

I think this filter is wrong

check out UVN from friday market close the filter results show 0 for gap 10 and gap 100

but looking at a 5 day chart shows it gapped up on Wednesday and Friday



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