StockFetcher Forums · Filter Exchange · RSI Filter<< >>Post Follow-up
four
5,087 posts
msg #84665
Ignore four
12/18/2009 4:47:05 PM

/*RSI Filter - posted 12/18/2009*/

Daily RSI(3) below 5 for the last 2 days
Daily RSI(3) decreasing for the last 7 days

Daily RSI(2) below 3 for the last 2 days
Daily RSI(2) decreasing for the last 7 days

close-to-open gap < close to open gap 2 days ago

add column daily RSI(3)
add column daily RSI(2)
Close-to-open gap < 1%
sort on column 1 descending

close > 1
Average Volume(30) > 100000
average volume(5) decreasing last 1 days

set{buyadd, close+open}
set{buydivide, buyadd/2}
set{Buy_LimitOrder, buydivide+.01}
add column Buy_LimitOrder

--- Use Due Diligence
---- Use money management (http://www.mypivots.com/articles/articles.aspx?artnum=22&page=3)


straken
469 posts
msg #84666
Ignore straken
12/18/2009 4:49:27 PM

/*RSI Filter - posted 12/18/2009*/

Fetcher[
Daily RSI(3) below 5 for the last 2 days
Daily RSI(3) decreasing for the last 7 days

Daily RSI(2) below 3 for the last 2 days
Daily RSI(2) decreasing for the last 7 days

close-to-open gap < close to open gap 2 days ago

add column daily RSI(3)
add column daily RSI(2)
Close-to-open gap < 1%
sort on column 1 descending

close > 1
Average Volume(30) > 100000
average volume(5) decreasing last 1 days

set{buyadd, close+open}
set{buydivide, buyadd/2}
set{Buy_LimitOrder, buydivide+.01}
add column Buy_LimitOrder
]



--- Use Due Diligence
---- Use money management (http://www.mypivots.com/articles/articles.aspx?artnum=22&page=3)

four
5,087 posts
msg #84695
Ignore four
12/19/2009 12:42:21 PM

Above isn't correct. Help please.

--

Best way to determine:

1. close - open (must be positive number)
2. multiply result by .5
3. add result to minimum of open or close
4. add result to .02

-- example --

1. 8 - 10 = 2
2. 2 * .5 = 2.5
3. close + 2.5 = x
4. x + .02 = Buy

Thanks in advance

four
5,087 posts
msg #84835
Ignore four
modified
12/23/2009 1:21:25 AM

/*
-- Run this for November 20, 2008 -- offset = 273
- Hopes and Wishes --

*/

daily RSI(2) reached a new 4 Day Low
and daily RSI(2) decreasing for the last 4 Days
and daily RSI(2) crossed below 4
and daily RSI(2) dropped more than 8 Percent over the last 2 Weeks
and weekly RSI(2) is below 10
close < open
close between 1 and 5
Average Volume(90) > 100000
average day range (15) is above 3.99
average day point range (15) > .06
high > low 1 day ago

add column daily rsi(2)
add column weekly rsi(2)
add column average day range (15)
add column average day point range (15)

set{xa,close plus open}
set{xb,xa/2}
add column xb {BUY}


do not draw rsi(2)
do not draw rsi(2) 4 Day Low
do not draw daily rsi(2)
do not draw weekly rsi(2)
do not draw average day range (15)
do not draw average day point range (15)


/* average price = (close + high + low) / 3
set{ch, close plus high}
set{total, ch plus low}
set{buy, total / 3}

add column total
add column ch
add column buy
*/




chetron
2,817 posts
msg #84836
Ignore chetron
modified
12/23/2009 6:49:14 AM

how about ......


Fetcher[
set{vmax,max(open,close)}
set{vmin,min(open,close)}

set{buyadd, vmax - vmin}
set{buydivide1, buyadd * 0.5}
set{buydivide,buydivide1 + vmin}
set{Buy_LimitOrder, buydivide + 0.02}

Daily RSI(3) below 5 for the last 2 days
Daily RSI(3) decreasing for the last 7 days

Daily RSI(2) below 3 for the last 2 days
Daily RSI(2) decreasing for the last 7 days

close-to-open gap < close to open gap 2 days ago

add column daily RSI(3)
add column daily RSI(2)
add column Buy_LimitOrder
Close-to-open gap < 1%

close > 1
Average Volume(30) > 100000
average volume(5) decreasing last 1 days

sort on column 1 descending
]





and.....


Fetcher[

set{vmax,max(open,close)}
set{vmin,min(open,close)}

set{buyadd, vmax - vmin}
set{buydivide1, buyadd * 0.5}
set{buydivide,buydivide1 + vmin}
set{Buy_LimitOrder, buydivide + 0.02}

/*
-- Run this for November 20, 2008 -- offset = 273
- Hopes and Wishes --

*/
add column daily rsi(2)
add column weekly rsi(2)
add column average day range (15)
add column average day point range (15)

add column Buy_LimitOrder {BUY}


do not draw rsi(2)
do not draw rsi(2) 4 Day Low
do not draw daily rsi(2)
do not draw weekly rsi(2)
do not draw average day range (15)
do not draw average day point range (15)


/* average price = (close + high + low) / 3
set{ch, close + high}
set{total, ch + low}
set{buy, total / 3}

add column total
add column ch
add column buy
*/


RSI(2) reached a new 4 Day Low
RSI(2) decreasing for the last 4 Days
RSI(2) crossed below 4
RSI(2) dropped more than 8 Percent over the last 2 Weeks
weekly RSI(2) is below 10
close < open
close between 1 and 5
Average Volume(90) > 100000
average day range (15) is above 3.99
average day point range (15) > 0.06
high > low 1 day ago



]



xxhds
5 posts
msg #84899
Ignore xxhds
12/24/2009 2:29:49 AM

thanks chetron,

That first filter you posted looks very interesting. I think I am going to paper trade it for awhile.

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