StockFetcher Forums · Filter Exchange · SUPPLY/DEMAND - A Twist on "Waiting For Green" | << 1 2 >>Post Follow-up |
TheRumpledOne 6,411 posts msg #100015 - Ignore TheRumpledOne modified |
3/31/2011 1:45:58 PM Stock has made a new 5 day low at least twice in the last 5 days. Green candle close above Red candle open should indicate that demand is stronger than supply. GREENDAYS is number of green closes. SinceRG is the number of days since Green candle closed above Red candle open. REMEMBER AND DO NOT FORGET.... If you are holding over night, you must do your due diligence. Do not FRONT RUN earnings!! Important Disclaimer: Upon viewing, reading, utilizing, downloading, participation, attending, registration and/or purchase/attendance in/of ANYTHING, I hereby waive all claims against ANYBODY for any loss in trading or personal expense I incur related to but not limited to these materials/webinars/chat rooms/channels/seminars/newsletters and events. I am aware and agree that these materials/webinars/chat rooms/channels/seminars/newsletters and events are provided/conducted for educational purposes only and Nothing provided is to be taken as trading advice. IMPORTANT: The risk of loss in online trading futures, options, cash currencies and other leveraged transaction products can be substantial. Therefore only "risk capital" should be used. Futures, options, cash currencies and other leveraged transaction products are not suitable investments for everyone. The valuation of futures, options, cash currencies and other leveraged transaction products may fluctuate and as a result clients may lose more than the amount originally invested and may also have to pay more later. Consider your financial condition before deciding to invest or online trade. CFTC RULE 4.41 Hypothetical or simulated performance results have certain inherent limitations unlike actual performance record: simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or overcompensated of the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No presentation is being made that any account will or is likely to achieve profits or losses similar to those predicted or shown. |
TheRumpledOne 6,411 posts msg #100016 - Ignore TheRumpledOne modified |
3/31/2011 2:53:38 PM The TRIGGER columns are the open prices of the RED candles. These are your long entry trigger prices. REMEMBER AND DO NOT FORGET.... If you are holding over night, you must do your due diligence. Do not FRONT RUN earnings!! Important Disclaimer: Upon viewing, reading, utilizing, downloading, participation, attending, registration and/or purchase/attendance in/of ANYTHING, I hereby waive all claims against ANYBODY for any loss in trading or personal expense I incur related to but not limited to these materials/webinars/chat rooms/channels/seminars/newsletters and events. I am aware and agree that these materials/webinars/chat rooms/channels/seminars/newsletters and events are provided/conducted for educational purposes only and Nothing provided is to be taken as trading advice. IMPORTANT: The risk of loss in online trading futures, options, cash currencies and other leveraged transaction products can be substantial. Therefore only "risk capital" should be used. Futures, options, cash currencies and other leveraged transaction products are not suitable investments for everyone. The valuation of futures, options, cash currencies and other leveraged transaction products may fluctuate and as a result clients may lose more than the amount originally invested and may also have to pay more later. Consider your financial condition before deciding to invest or online trade. CFTC RULE 4.41 Hypothetical or simulated performance results have certain inherent limitations unlike actual performance record: simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or overcompensated of the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No presentation is being made that any account will or is likely to achieve profits or losses similar to those predicted or shown. |
TheRumpledOne 6,411 posts msg #100017 - Ignore TheRumpledOne modified |
3/31/2011 2:58:09 PM This is the OVERNIGHT HOLD version. REMEMBER AND DO NOT FORGET.... If you are holding over night, you must do your due diligence. Do not FRONT RUN earnings!! Important Disclaimer: Upon viewing, reading, utilizing, downloading, participation, attending, registration and/or purchase/attendance in/of ANYTHING, I hereby waive all claims against ANYBODY for any loss in trading or personal expense I incur related to but not limited to these materials/webinars/chat rooms/channels/seminars/newsletters and events. I am aware and agree that these materials/webinars/chat rooms/channels/seminars/newsletters and events are provided/conducted for educational purposes only and Nothing provided is to be taken as trading advice. IMPORTANT: The risk of loss in online trading futures, options, cash currencies and other leveraged transaction products can be substantial. Therefore only "risk capital" should be used. Futures, options, cash currencies and other leveraged transaction products are not suitable investments for everyone. The valuation of futures, options, cash currencies and other leveraged transaction products may fluctuate and as a result clients may lose more than the amount originally invested and may also have to pay more later. Consider your financial condition before deciding to invest or online trade. CFTC RULE 4.41 Hypothetical or simulated performance results have certain inherent limitations unlike actual performance record: simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or overcompensated of the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No presentation is being made that any account will or is likely to achieve profits or losses similar to those predicted or shown. |
saico 59 posts msg #100018 - Ignore saico |
3/31/2011 4:19:00 PM Hi Rumbled, could you please explain, when to buy after signals occur, (Close, Open next day....?) and when to close positions? What do you prefer? Much thanks in advance! Saico |
bkhurana43 103 posts msg #100019 - Ignore bkhurana43 |
3/31/2011 4:24:39 PM I am facing filter performance restrictions, I have run many filters with more SET statements than this filter has and never faced this problem. |
TheRumpledOne 6,411 posts msg #100021 - Ignore TheRumpledOne |
3/31/2011 5:19:13 PM Saico: It's Rumpled not RumBled!! When to buy? The idea is that price (red candles) is going down until price finds demand. Once demand is found, price should close above the open of the last red candle. That means there are more buyers than sellers. If there are more buyers(demand) than sellers(supply) the price (should, in theory) go higher. You can enter a long trade: 1) When price closes above the lowest red candle's open price which could be intraday (use 30 minute candles ) or the next day. 2) When price is at the red candle's open price intraday looking to bail at any sign of weakness. 3) Overnight hold if price is going to close above the red candle's open price. The triggers are the open prices of the last 5 days' RED candles. If a candle was green, the price is 0. These guys are always talking about supply/demand: http://www.tradingacademy.com/lessons/20110315/featured_article.htm http://www.tradingacademy.com/lessons/20110329/featured_article.htm http://www.tradingacademy.com/lessons/20101229/featured_article.htm http://www.tradingacademy.com/lessons/20110322/forex_article.htm http://www.tradingacademy.com/lessons/20110322/stocks_article.htm Look at their charts. Look at the red candles in the areas marked DEMAND ZONE. Now start at the left and move right, one candle at a time. Look at what happens when price of a green candle exceeds the price of the previous red candle. More times than not you can TAKE PROFIT. What's the stop? RISK = X% of your ACCOUNT BALANCE ( usually X less than 2% ) STOP LOSS = RISK / POSITION SIZE They say they are keeping it simple but I don't always agree. THIS IS TRADING - ANYTHING CAN HAPPEN!! If trading was not guessing then why do we need a stop loss? |
TheRumpledOne 6,411 posts msg #100022 - Ignore TheRumpledOne |
3/31/2011 5:23:33 PM I am facing filter performance restrictions, I have run many filters with more SET statements than this filter has and never faced this problem. =========================== Do you have ADVANCED SF? If not, YOU SHOULD!! I use nested counts and that's probably the reason it isn't working. |
TheRumpledOne 6,411 posts msg #100024 - Ignore TheRumpledOne modified |
3/31/2011 5:51:23 PM The PL columns show the difference between today's high and the trigger price. If 0, there was no trigger price that day.. If negative then price did not reach the trigger ( IT'S NOT A LOSS!! ) REMEMBER AND DO NOT FORGET.... If you are holding over night, you must do your due diligence. Do not FRONT RUN earnings!! Important Disclaimer: Upon viewing, reading, utilizing, downloading, participation, attending, registration and/or purchase/attendance in/of ANYTHING, I hereby waive all claims against ANYBODY for any loss in trading or personal expense I incur related to but not limited to these materials/webinars/chat rooms/channels/seminars/newsletters and events. I am aware and agree that these materials/webinars/chat rooms/channels/seminars/newsletters and events are provided/conducted for educational purposes only and Nothing provided is to be taken as trading advice. IMPORTANT: The risk of loss in online trading futures, options, cash currencies and other leveraged transaction products can be substantial. Therefore only "risk capital" should be used. Futures, options, cash currencies and other leveraged transaction products are not suitable investments for everyone. The valuation of futures, options, cash currencies and other leveraged transaction products may fluctuate and as a result clients may lose more than the amount originally invested and may also have to pay more later. Consider your financial condition before deciding to invest or online trade. CFTC RULE 4.41 Hypothetical or simulated performance results have certain inherent limitations unlike actual performance record: simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or overcompensated of the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No presentation is being made that any account will or is likely to achieve profits or losses similar to those predicted or shown. |
TheRumpledOne 6,411 posts msg #100025 - Ignore TheRumpledOne |
3/31/2011 5:57:38 PM Who wants to make the WEEKLY version? |
mystiq 650 posts msg #100037 - Ignore mystiq |
4/1/2011 3:38:09 AM These guys are always talking about supply/demand: http://www.tradingacademy.com/lessons/20110315/featured_article.htm * http://www.tradingacademy.com/lessons/20110329/featured_article.htm * http://www.tradingacademy.com/lessons/20101229/featured_article.htm http://www.tradingacademy.com/lessons/20110322/forex_article.htm http://www.tradingacademy.com/lessons/20110322/stocks_article.htm *---->interesting article: Breakout Trading - Quality Trade or Dangerous Trap? thx 4 the link TRO can anybody code a breakout that occured within the last 30 days AND price now within 5% of said FIRST breakout (-.-) |
StockFetcher Forums · Filter Exchange · SUPPLY/DEMAND - A Twist on "Waiting For Green" | << 1 2 >>Post Follow-up |
Copyright 2022 - Vestyl Software L.L.C.•Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data
Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus