trendscanner
265 posts
msg #81328
- Ignore trendscanner |
10/18/2009 9:44:26 AM
I was playing around a few weeks ago with a low Stochastic multiple cross filter. Fetcher was OK with the language. Basic filter was:
When I tried to substitute the different stochastics in this SOAP filter, Fetcher gives a debug error. Not sure why Fetcher can't use the Count function to find multiple crosses for the SOAP filter.
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tmanbone
124 posts
msg #81333
- Ignore tmanbone |
10/18/2009 10:54:20 AM
After looking through some of the stocks Chetron's filter found, use the filter find NWSA, pull up a 3 month chart and there will be a good example of the SOAP signal in Oct. Notice the W pattern in the stochastics. There was actually a nice SOAP buy signal in Sept. too; but the faster moving stochastic violated the 50% line. This makes me wonder how stern that rule should be. Thanks
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chetron
2,817 posts
msg #81334
- Ignore chetron |
10/18/2009 11:25:27 AM
tmanbone, though you will always find exception to a rule, i think a better question is how many losing trades came up below the 50 line.
don't try to catch every winner at the risk of catching more losers.
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chetron
2,817 posts
msg #81335
- Ignore chetron |
10/18/2009 11:29:51 AM
trendscanner, the coding you are quoting is the short version, as posted at the top of the filter.
the 2 top version are for the long position.
hth
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chetron
2,817 posts
msg #81336
- Ignore chetron |
10/18/2009 11:44:58 AM
tmanbone, UPDATED FILTER TO CATCH NWSA ON 7 OCT 09
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chetron
2,817 posts
msg #81337
- Ignore chetron
modified |
10/18/2009 11:55:04 AM
trendscanner, IT WOULD MAKE IT EASIER IF YOU WOULD POST THE ERRORONOUS FILTER ALSO.
ONE THING I SEE IS THAT YOU HAVE A LINE OF CODE FOR NOT DRAWING A STOCHASTIC %D(5) THAT YOU NEVER TOLD IT TO DRAW IN THE 1ST PLACE, I KNOW THIS CAN CAUSE ISSUES.
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trendscanner
265 posts
msg #81339
- Ignore trendscanner
modified |
10/18/2009 12:39:53 PM
Chetron, I see what you're doing now. Thanks for the explanation.
On the filter I posted, for some reason it was drawing stochastic lines that I wasn't asking for and it made the chart hard to read, so I added the "do not draw lines". The debug problems appeared to originate with the Count lines but I'll look at that and see if it makes a difference.
This is the code I was trying to use to look for the double stochastic cross
Fetcher doesn't like the second line although it similar to the one I used above, that it accepted.
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chetron
2,817 posts
msg #81341
- Ignore chetron
modified |
10/18/2009 1:01:00 PM
SPACING IS ESSENTIAL......
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trendscanner
265 posts
msg #81373
- Ignore trendscanner |
10/19/2009 10:28:01 AM
Thanks for fixing that filter line, Chetron.
I'm wondering whether this version captures the essential double cross of the 5,3,3 stochastic above the 8,3,5 stochastic that Dave Elliott's filter is looking for. The 12 days is an arbitrary period; seemed like enough time for this pattern to develop.
Not all of these look ready for a move up, but a few, like GETA, look possibly ready
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tmanbone
124 posts
msg #81414
- Ignore tmanbone |
10/19/2009 10:56:53 PM
SPY Oct 5 on Chetron's filters nice SOAP buy signal example. Thanks for the help.
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