StockFetcher Forums · Filter Exchange · Popular combination of MA<< 1 2 >>Post Follow-up
Kevin_in_GA
4,599 posts
msg #88558
- Ignore Kevin_in_GA
modified		 2/23/2010 7:56:49 AM

BUT ISN'T SOMETHING GOING ON WITH 4/40 TO 4/50
I MEAN 10 PROFITABLE CROSSES THAT USE 4 AND THE SECONDARY IS EVERY LINE FOR 10 POINTS????
+++++++

IF THE 4/40 CROSS IS PROFITABLE AND THE 4/50 CROSS IS PROFITABLE, IT IS VERY LIKELY THAT ALL EMAs IN BETWEEN ARE ALSO GOING TO BE PROFITABLE.

JUST TO HELP NARROW THE FIELD OF RESULTS A BIT ...


Fetcher[

/* THE JUMBO */

DRAW EMA(4)
DRAW EMA(40)

CLOSE ABOVE .1

EMA(4) CROSSED ABOVE EMA(40) 1 DAY AGO
CLOSE IS ABOVE CLOSE 1 DAY AGO
VOLUME ABOVE 1000000

]



OR ANOTHER TWIST ON THIS ...

Fetcher[

/* THE JUMBO */

DRAW EMA(4)
DRAW EMA(40)

CLOSE ABOVE .1

EMA(4) 1 DAY AGO BELOW EMA(40) 1 DAY AGO
EMA(4) ABOVE EMA(50)
CLOSE IS ABOVE CLOSE 1 DAY AGO
VOLUME ABOVE 1000000

]
chetron
2,817 posts
msg #88559
- Ignore chetron		 2/23/2010 8:03:02 AM

oops, thanx kev ; )
chetron
2,817 posts
msg #88560
- Ignore chetron		 2/23/2010 8:06:58 AM

the way you have the filter written is that today's ema7 value crossed above yesterday's ema47 value.

maybe......

Fetcher[
/* THE JUMBO */

DRAW EMA(7)
DRAW EMA(47)

CLOSE ABOVE .1

EMA(7) 1 day ago CROSSED ABOVE EMA(47) 1 DAY AGO
CLOSE IS ABOVE CLOSE 1 DAY AGO
VOLUME ABOVE 1000000

]
chetron
2,817 posts
msg #88561
- Ignore chetron		 2/23/2010 8:56:00 AM

very good, kev
calhawk01
135 posts
msg #88619
- Ignore calhawk01		 2/24/2010 12:46:39 AM

Good job guys. Thanks for running that Kev
fortyfour
189 posts
msg #88624
- Ignore fortyfour		 2/24/2010 1:48:24 AM

Maybe I am not understanding the methods here but it was my beleif that a high rated IBD stock included high relative
strength for the last "X" months. Long backtesting is always going to show good results on such a stock.

Wouldnt it be better to run tests on a fixed index such as the SP100 ?


Is the method to only "test" after the stock makes the list ?
or
is this realtive testing and the absolute performance numbers dont matter ?

Just curious...

chetron
2,817 posts
msg #88666
- Ignore chetron
modified		 2/24/2010 4:21:01 PM

HOW ABOUT..

Fetcher[


/* ADULTERATED BY CHETRON */
/* 3 bars up & 1 down */
/* old standby reversal pattern - I wrote this as */
/* part of my rsi(2) learning process & the rsi(2) */
/* helps the odds. You short after the 3 bars up */
/* and 1 bar down pattern with the MA's in positions */
/* rsi(2) having passed down through 70. */
/* --- dickysofa */

price between 15 and 225
average volume(90) > 1000000
market cap > 2,000
optionable

SET{VAR1A,RSI(2) 1 DAY AGO}
SET{VAR1B,CLOSE 1 DAY AGO}
SET{VAR1C,CLOSE 2 DAY AGO}
SET{VAR1D,CLOSE 3 DAY AGO}
SET{VAR1E,OPEN 1 DAY AGO}
SET{VAR1F,OPEN 2 DAY AGO}
SET{VAR1G,OPEN 3 DAY AGO}
SET{VAR1,COUNT(day change < 0,1)}
SET{VAR2,COUNT(ma(10) < ema(30),1)}
SET{VAR3,COUNT(rsi(2) < 70,1)}
SET{VAR4,COUNT(VAR1A > 70,1)}
SET{VAR5,COUNT(VAR1B > VAR1C,1)}
SET{VAR6,COUNT(VAR1C > VAR1D,1)}
SET{VAR7,COUNT(VAR1E > VAR1F,1)}
SET{VAR8,COUNT(VAR1F > VAR1G,1)}

set{p_10, count(price > ma(10),1)}
set{p_30, count(price < ema(30),1)}
set{v_pass, p_10 * p_30}

SET{VAR9,COUNT(v_pass > .51,1)}

SET{VAR10,VAR1 * VAR2}
SET{VAR11,VAR10 * VAR3}
SET{VAR12,VAR11 * VAR4}
SET{VAR13,VAR12 * VAR5}
SET{VAR14,VAR13 * VAR6}
SET{VAR15,VAR14 * VAR7}
SET{VAR16,VAR15 * VAR8}
SET{VSHORT,VAR16 * VAR9}

SET{VAR21,COUNT(day change > 0,1)}
SET{VAR22,COUNT(ma(10) > ema(30),1)}
SET{VAR23,COUNT(rsi(2) > 30,1)}
SET{VAR24,COUNT(VAR1A < 30,1)}
SET{VAR25,COUNT(VAR1B < VAR1C,1)}
SET{VAR26,COUNT(VAR1C < VAR1D,1)}
SET{VAR27,COUNT(VAR1E < VAR1F,1)}
SET{VAR28,COUNT(VAR1F < VAR1G,1)}

set{p_10B, count(price < ma(10),1)}
set{p_30B, count(price > ema(30),1)}
set{v_passB, p_10B * p_30B}

SET{VAR29,COUNT(v_passB > .51,1)}

SET{VAR30,VAR21 * VAR22}
SET{VAR31,VAR30 * VAR23}
SET{VAR32,VAR31 * VAR24}
SET{VAR33,VAR32 * VAR25}
SET{VAR34,VAR33 * VAR26}
SET{VAR35,VAR34 * VAR27}
SET{VAR36,VAR35 * VAR28}
SET{VBUY,VAR36 * VAR29}

SET{VPLAYS,VBUY + VSHORT}

DRAW VSHORT
DRAW VBUY

add column separator
add column rsi(2)
add column market cap
add column average volume(90) {avgvol_90}
add column separator
ADD COLUMN VBUY
ADD COLUMN VSHORT
sort on column 1 ascending

draw ma(10)
draw ema(30)
draw rsi(2)
draw rsi(2) line at 70
draw rsi(2) line at 30

VPLAYS ABOVE .5
DO NOT DRAW VPLAYS

chart-size is 1000
chart-length is 6 months
primary-plot-size is 300

]



FOR ADVANCED FOLKS.......

Fetcher[

/* ADVANCED SUBS */

/* ADULTERATED BY CHETRON */
/* 3 bars up & 1 down */
/* old standby reversal pattern - I wrote this as */
/* part of my rsi(2) learning process & the rsi(2) */
/* helps the odds. You short after the 3 bars up */
/* and 1 bar down pattern with the MA's in positions */
/* rsi(2) having passed down through 70. */
/* --- dickysofa */

price between 15 and 225
average volume(90) > 1000000
market cap > 2,000
optionable

SET{VAR1A,RSI(2) 1 DAY AGO}
SET{VAR1B,CLOSE 1 DAY AGO}
SET{VAR1C,CLOSE 2 DAY AGO}
SET{VAR1D,CLOSE 3 DAY AGO}
SET{VAR1E,OPEN 1 DAY AGO}
SET{VAR1F,OPEN 2 DAY AGO}
SET{VAR1G,OPEN 3 DAY AGO}
SET{VAR1,COUNT(day change < 0,1)}
SET{VAR2,COUNT(ma(10) < ema(30),1)}
SET{VAR3,COUNT(rsi(2) < 70,1)}
SET{VAR4,COUNT(VAR1A > 70,1)}
SET{VAR5,COUNT(VAR1B > VAR1C,1)}
SET{VAR6,COUNT(VAR1C > VAR1D,1)}
SET{VAR7,COUNT(VAR1E > VAR1F,1)}
SET{VAR8,COUNT(VAR1F > VAR1G,1)}

set{p_10, count(price > ma(10),1)}
set{p_30, count(price < ema(30),1)}
set{v_pass, p_10 * p_30}

SET{VAR9,COUNT(v_pass > .51,1)}

SET{VAR10,VAR1 * VAR2}
SET{VAR11,VAR10 * VAR3}
SET{VAR12,VAR11 * VAR4}
SET{VAR13,VAR12 * VAR5}
SET{VAR14,VAR13 * VAR6}
SET{VAR15,VAR14 * VAR7}
SET{VAR16,VAR15 * VAR8}
SET{VSHORT,VAR16 * VAR9}

SET{VAR21,COUNT(day change > 0,1)}
SET{VAR22,COUNT(ma(10) > ema(30),1)}
SET{VAR23,COUNT(rsi(2) > 30,1)}
SET{VAR24,COUNT(VAR1A < 30,1)}
SET{VAR25,COUNT(VAR1B < VAR1C,1)}
SET{VAR26,COUNT(VAR1C < VAR1D,1)}
SET{VAR27,COUNT(VAR1E < VAR1F,1)}
SET{VAR28,COUNT(VAR1F < VAR1G,1)}

set{p_10B, count(price < ma(10),1)}
set{p_30B, count(price > ema(30),1)}
set{v_passB, p_10B * p_30B}

SET{VAR29,COUNT(v_passB > .51,1)}

SET{VAR30,VAR21 * VAR22}
SET{VAR31,VAR30 * VAR23}
SET{VAR32,VAR31 * VAR24}
SET{VAR33,VAR32 * VAR25}
SET{VAR34,VAR33 * VAR26}
SET{VAR35,VAR34 * VAR27}
SET{VAR36,VAR35 * VAR28}
SET{VBUY,VAR36 * VAR29}

SET{VPLAYS,VBUY + VSHORT}

DRAW VSHORT ON PLOT VBUY

add column separator
add column rsi(2)
add column market cap
add column average volume(90) {avgvol_90}
add column separator
ADD COLUMN VBUY
ADD COLUMN VSHORT
sort on column 1 ascending

draw ma(10)
draw ema(30)
draw rsi(2)
draw rsi(2) line at 70
draw rsi(2) line at 30

VPLAYS ABOVE .5
DO NOT DRAW VPLAYS

chart-size is 1000
chart-length is 6 months
primary-plot-size is 300

]
Kevin_in_GA
4,599 posts
msg #88672
- Ignore Kevin_in_GA		 2/24/2010 6:16:56 PM

Maybe I am not understanding the methods here but it was my belief that a high rated IBD stock included high relative
strength for the last "X" months. Long backtesting is always going to show good results on such a stock.

Wouldnt it be better to run tests on a fixed index such as the SP100 ?
++++++++++++++++

This is a very good question. The testing goes back to 2007, and it is unlikely that many of these have been IBD top picks for that long a time (most of these have since fallen well below the 90 rating).

Also 458 stocks is a good large number for testing - the main purpose here is to have a set of stocks that broadly reflect the overall market.

Long backtesting over the past year is only going to give you a good result. No real way around it. That's why I originally posted the long/short system.
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