| StockFetcher Forums · Filter Exchange · THE ONLY DMI SYSTEM THAT WORKS! | << 1 2 3 >>Post Follow-up |
| WALLSTREETGENIUS 983 posts msg #43282 - Ignore WALLSTREETGENIUS modified |
4/28/2006 7:54:12 PM Willaims %R is the drivetrain that steers this filter. The LOWER the Williams %R, the more movement you will have. When Williams %R reaches "0", that is a market top or consalidation point. Also, make sure ccval, rsval, and wrval are all moving up or diagonally. - RIGGS - |
| TheRumpledOne 6,411 posts msg #43289 - Ignore TheRumpledOne |
4/28/2006 10:29:42 PM So many filters.... IT'S NOT WHAT YOU TRADE, IT'S HOW YOUR TRADE IT! |
| TheRumpledOne 6,411 posts msg #43307 - Ignore TheRumpledOne |
4/29/2006 12:15:44 PM RIGGS: It's true I have posted many filters... to demonstrate how to program filters. If you look closely, you'll see most of the filters are display or reporting filters NOT stock picking filters. RSI(2) < 1 has been my main selection criteria for years. I wrote the NEXT NTRI filter because someone asked. If you can make improvements or discoveries with the NEXT NTRI filter or any other filter you go right ahead. That's one of the reasons of having a forum where we can share ideas in the first place. |
| WALLSTREETGENIUS 983 posts msg #43317 - Ignore WALLSTREETGENIUS |
4/29/2006 1:28:00 PM "If you can make improvements or discoveries with the NEXT NTRI filter or any other filter you go right ahead. That's one of the reasons of having a forum where we can share ideas in the first place." _____________________ ROFLMAO!!!! You know........ - RIGGS - |
| WALLSTREETGENIUS 983 posts msg #43280 - Ignore WALLSTREETGENIUS modified |
4/29/2006 6:21:17 PM So many traders that use DMI (Directional Movement Indicator) crossovers as buy signals are usually too late after the pop. Where I have always used it's INCREASE movement as a better entry way. And usually if it does crossover after a DECREASE day, it more times than not will happen unnoticeably and get you in just BEFORE the pop. Because SF has a problem with DMI'S "offset," it won't show you the "performance" column, but take a second and look at the offset anyway to see for yourself what a dandy little breakout filter this is. Again, as you can clearly see, my "Accumulation Warm Pop-80" plays a major role in this filter too. Good luck! - RIGGS - |
| WALLSTREETGENIUS 983 posts msg #43285 - Ignore WALLSTREETGENIUS modified |
4/29/2006 6:22:23 PM Just wanted to share a few stocks off the top of the list on just a 1-day offset. These are the one's I mentioned when I said "unnoticeable crossovers." When the +DI crosses above the -DI after a DECREASE day, there seems to be a hidden interest. Almost like stealing the cheese while the Cat is napping. INT AGU MVSN MNKD HIH BTW, the "performance column" is working fine today 4/28/06, when usually it doesn't when filtering stocks with DMI. Did you see what happened today 4/28/06? All of them ran up, and let's face it...it was not a huge day in the market. That's just a few of the "crossovers," look at everthing else! Look at the +DI increases above -DI like (DSCM). Just imagine what's going to happen to these stocks if the market starts to actually move over the course of the next few days. Again, the key here, is adval above "80", and Williams %R as low as possible. 1-DAY OFFSET: Have fun! - RIGGS - |
| WALLSTREETGENIUS 983 posts msg #43301 - Ignore WALLSTREETGENIUS modified |
4/29/2006 6:28:07 PM "So many filters.... IT'S NOT WHAT YOU TRADE, IT'S HOW YOUR TRADE IT!" _______________ Are you hearing yourself Avery? "So many filters?" ROFLMAO! I think you've finally cracked bud....because nobody in this community has posted MORE filters than YOU!!! What are you up to now?....about 1000? I've posted less than 10! It's just seems like more because I get alot of interest in ALL of them. Gee, I wonder why that is???? LOL.... Avery, your slogan shouldn't be "IT'S NOT WHAT YOU TRADE, IT'S HOW YOUR TRADE IT!" Rather It should be more like...."THE MORE I BUILD THEM, THE FASTER YOU WILL STROKE ME!" Hey Avvv...you keep poking fun on my threads, I'm gonna turn "the next NTRI" thread into "MY" thread! And I already know, and have invisioned just how I'm gonna do that. So keep it up there "Country." - RIGGS - |
| jacobnbr1 37 posts msg #43357 - Ignore jacobnbr1 |
4/30/2006 12:22:25 AM Hey thanks riggsy... i do alot with dmi. I might want to mix a few things in here and see what develops from there. i am not sure what avr, and the others are??? can you enlighten what these indicators are. Also i have not played with williams r% much either. i normally use dmi with obv and rsi with volume by visual charts. I hear it is hard to use a dmi on a filter scan???? Got me. |
| WALLSTREETGENIUS 983 posts msg #43359 - Ignore WALLSTREETGENIUS modified |
4/30/2006 1:10:37 AM jacobnbr1 - Ignore jacobnbr1 4/30/2006 12:22:25 AM Hey thanks riggsy... i do alot with dmi. I might want to mix a few things in here and see what develops from there. i am not sure what avr, and the others are??? can you enlighten what these indicators are. Also i have not played with williams r% much either. i normally use dmi with obv and rsi with volume by visual charts. I hear it is hard to use a dmi on a filter scan???? Got me. __________________________ jaco - Nice to hear from you again. The indicators you're speaking of is a group of indicators & Oscillators you're prolly very familiar with....just coded differently. "adval" is Accumulation Distribution: It shows the impactful public interest in a stock. "ccval" is CCI. Better known as Commodity Channel Index: Works very similiar like RSI, but gives quicker reads and divergence. "rsval" is none other than RSI. Nuff said on that. "wrval" is Williams %R. Is an oscillator that confirms trends and warns you of upcoming reversals. What you are seeing, is all four of these plotted together on one chart. TheRumpledOne developed this, but I tinkered with it to perfection. Basicly what you want to see on this filter is, the +DI increasing after a negative day above -DI WITH the other four moving upward together. When this happens....there seems to always be a sudden pop of interest. The same holds true when +DI crosses above -DI. But all of this seems to happen under the radar, which makes it a great pre-breakout filter. I've been using it for some time now intraday, and decided to post it for daily set-ups. Hope you like it! - WALLSTREETGENIUS - |
| TheRumpledOne 6,411 posts msg #43365 - Ignore TheRumpledOne |
4/30/2006 11:57:14 AM "What you are seeing, is all four of these plotted together on one chart. TheRumpledOne developed this, but I tinkered with it to perfection. " LOL!! |
| StockFetcher Forums · Filter Exchange · THE ONLY DMI SYSTEM THAT WORKS! | << 1 2 3 >>Post Follow-up |
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