alichambers
48 posts
msg #44711
- Ignore alichambers |
6/7/2006 7:25:00 AM
Hi,
Does anyone know of a good filter that screens for volatile stocks going up and down? I'm very much into Welles Wilder and his theories - he mentions:
- Commodity Selection Index
- Volatility Index
High CSI values imply trending characteristics - which combined with DI crossovers or SAR can make it a good way to trade the security.
Many thanks,
Alex
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mktmole
325 posts
msg #44713
- Ignore mktmole |
6/7/2006 9:43:18 AM
Hi; for finding stocks with greatest Closing Price Volatility(range) for the past 4 months try,
show stocks where close is above 1
and add column normalized standard deviation(85) {stddev}
and sort column 5 descending and average volume(90) above 300,000
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alichambers
48 posts
msg #44720
- Ignore alichambers |
6/7/2006 3:37:05 PM
Thanks - I had a look at your filter and I threw out 2000+ matches!
I trade with DMI crosses, so is it possible to find stocks that are going up and down and would trade with DI crosses???
AC
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nikoschopen
2,824 posts
msg #44721
- Ignore nikoschopen |
6/7/2006 4:05:14 PM
Take a stab at the Chande Momentum Oscillator. I've included "date offset 20" to show how most of the stocks fared since they were fetched.
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TheRumpledOne
6,411 posts
msg #44735
- Ignore TheRumpledOne |
6/8/2006 3:20:48 AM
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alichambers
48 posts
msg #44747
- Ignore alichambers |
6/8/2006 8:13:13 AM
Thanks - I'll have a play around.
Actually - while I do that - I had another thought. If I'm trading DI crosses (typically 8 setting), is it possible to create a filter whereby I can see the average gain for a stock after a DI cross, eg:
(in English)
For each DI cross in the last year, the average stock price moves 5-10% - or something like that.
I use a trailing stop.
Thanks again, alex
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nikoschopen
2,824 posts
msg #44760
- Ignore nikoschopen
modified |
6/8/2006 9:05:06 PM
First, take a look at the pertinent info on the "Directional Movement Indcators +DI, -DI, ADX" page (http://www.stockfetcher.com/stockdb/fetcher?p=forum&sub=view&fid=1006&tid=25007)
If you merely want the "performance" statistics of a given stock after +DI/-DI crossover, just tack on the *date offset* feature. For example:
The following filter will give you a 20-day statistics on both bullish (+DI crossing above -DI) and bearish (+DI below -DI) crossovers:
When there's a bullish crossover, you will see 1 under the "either" column as its value; if a bearish crossover 2. Of course, you can be as creative as you want. You're only limited by your imagination.
[Here's a complete filter utilizing a combination of DMI crossover and Parabolic SAR]
Under the "dmi.sar" column, 1 indicates a bullish crossover whereas -1 bearish.
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Railwhore
69 posts
msg #44779
- Ignore Railwhore |
6/9/2006 1:31:39 AM
Lower price huge ATR stocks:
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