StockFetcher Forums · Filter Exchange · Who really wants to find the next NTRI?<< 1 ... 8 9 10 11 12 ... 31 >>Post Follow-up
stocktrader
294 posts
msg #42167
Ignore stocktrader
3/17/2006 5:39:29 PM

sjjjha 3/2/2006 9:46:17 PM

Insider Buy GNBT: 70,000 at 2.21 reported on 3/2/05

----------------------

Thanks to sjjjha for the insider report!

I reaped the gains today!

Although I may have sold early, the warm display indicates that GNBT may still be cooking.....and the end of day action is interesting.....


TheRumpledOne
6,411 posts
msg #42169
Ignore TheRumpledOne
3/17/2006 6:08:25 PM

Thanks for posting the article, stocktrader.


TheRumpledOne
6,411 posts
msg #42171
Ignore TheRumpledOne
3/17/2006 6:15:12 PM

Narrowing Breakout Channels
presented in the Futures System Lab of the March 2006 issue of Active Trader Magazine


--------------------------------------------------------------------------------
Uses the second highest/lowest values over the past 20 days as a breakout channel. In the article it is shown that this provides better trade signals than the traditional breakout approach.

Rules:
1. Go long at stop at the second highest high of the last 20 days.
2. Exit long and go short at stop at the second lowest low of the last 20 days.

Notes:
The system uses the indicators HighestN and LowestN. They have to exist in your Indicators folder for the system to work.
Money Management is based on RiskStop(%). Please set your parameters accordingly before testing the system.
The system has also been tested on currencies. Please read the test results in the January 2006 issue of Currency Trader Magazine.

Please find more systems from my articles in my profile.

WealthScript Code
Below is the WealthScript code for this ChartScript.

( Click here for a version of the WealthScript code suitable for copying to the clipboard)

{$I 'HighestN'}
{$I 'LowestN'}
var Bar, period, n: integer;
var LowestN1, Lowest1: integer;
var HighestN1: integer;

period := 20; //lookback days for the new channel
N := 2; //n_th highest/lowest value

If N=1 then
begin //use the traditional Donchian channel if n=1 to improve speed
LowestN1 := LowestSeries( #Low,period);
HighestN1 := HighestSeries( #High,period );
end
else
begin
LowestN1 := LowestNSeries( #Low,period, N );
HighestN1 := HighestNSeries( #High,period, N );
end;

PlotSeriesLabel( LowestN1, 0, #green, #Thick, 'LowestN(#Low,'+inttostr(period)+','+inttostr(n)+')');
PlotSeriesLabel( HighestN1, 0, #red, #Thick, 'HighestN(#High,'+inttostr(period)+','+inttostr(n)+')');

for Bar := period to BarCount - 1 do
begin
if not LastPositionActive then
begin
SetRiskStopLevel(@LowestN1[Bar]);
If not BuyAtStop(Bar+1,@HighestN1[Bar],'') then
begin
SetRiskStopLevel(@HighestN1[Bar]);
ShortAtStop(Bar+1,@LowestN1[Bar],'');
end;
end
else
begin
If Positionlong(lastposition) then
begin
if SellAtStop(Bar+1, @LowestN1[Bar], lastposition,'') then
begin
SetRiskStopLevel(@HighestN1[Bar]);
ShortAtStop(Bar+1, @LowestN1[Bar], '');
end;
end
else
begin
If CoverAtStop(Bar+1, @HighestN1[Bar], lastposition,'') then
begin
SetRiskStopLevel(@LowestN1[Bar]);
BuyAtStop(Bar+1, @HighestN1[Bar], '');
end;
end;
end;
end;





TheRumpledOne
6,411 posts
msg #42172
Ignore TheRumpledOne
modified
3/17/2006 6:36:22 PM

Fetcher[
/* Narrow Channel Breakout (NCB) Display */
set{ High20, high 20 day high}
set{ Low20, low 20 day low}

set{ New20High, count( high above High20 1 day ago , 1 ) }

set{ New20Low, count( low below Low20 1 day ago , 1 ) }

add column New20High
add column New20Low
]



Let's add the NCB display to the NEXT NTRI FILTER for use during the week of 3/20/06:

Fetcher[
/* FINDING THE NEXT NTRI FILTER */

/* TREND DISPLAY */

set{T10, count(10 day slope of the close above 0,1)}
set{T60, count(60 day slope of the close above 0,1)}
set{T200, count(200 day slope of the close above 0,1)}

Set{a1, T200 * 1}
Set{a2, T60 * 10}
Set{a3, T10 * 100}

Set{aa, a1 + a2}
Set{TREND, aa + a3}

ADD COLUMN TREND

/* enter your Upper Limit criteria */
set{UpperLim, High 13 week High}

/* enter your Lower Limit criteria */
set{LowerLim, Low 13 week Low}

set{LimDiff, UpperLim minus LowerLim}
set{PPDiff, CLOSE minus LowerLim}
set{PPDiv, PPDiff / LimDiff}
set{BallOn, PPDiv * 100}

set{PCT, LimDiff / LowerLim}

set{HiOp,high - open}
set{OpLo, open - low}

set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{ClxCl, CCa - CCb}

set{HHb,days(High is above High 1 day ago,100)}
set{HHa,days(High is below High 1 day ago,100)}
set{HixHi, HHa - HHb}

set{LLb,days(Low is above Low 1 day ago,100)}
set{LLa,days(Low is below Low 1 day ago,100)}
set{LoxLo, LLa - LLb}

set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VlXvl, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}

Set{Bullpower, high minus ema(13)}
Set{Bearpower, low minus ema(13)}

set{BLb,days(BullPower is above BullPower 1 day ago,100)}
set{BLa,days(BullPower is below BullPower 1 day ago,100)}
set{BLxBL, BLa - BLb}

set{BRb,days(BearPower is above BearPower 1 day ago,100)}
set{BRa,days(BearPower is below BearPower 1 day ago,100)}
set{BRxBR, BRa - BRb}

set{RChg, count( UpperLim equal UpperLim 1 day ago, 1 ) }
set{SChg, count( LowerLim equal LowerLim 1 day ago, 1 ) }

/* Volatility Direction Filter Display */

set{BBDiff, Upper Bollinger Band(20) - Lower Bollinger Band(20) }

set{BBDb,days(BBDiff is above BBDiff 1 day ago,100)}
set{BBDa,days(BBDiff is below BBDiff 1 day ago,100)}
set{BBTrend, BBDa - BBDb}

set{ATRb,days(ATR(14) is above ATR(14) 1 day ago,100)}
set{ATRa,days(ATR(14) is below ATR(14) 1 day ago,100)}
set{ATRTrend, ATRa - ATRb}

/* profit had you bought the open 5 days ago and sold at the high */

set{High5, High 5 day High}
set{Profit, High5 - open 5 days ago}

/* Narrow Channel Breakout Display */

set{ High20, high 20 day high}
set{ Low20, low 20 day low}

set{ New20High, count( high above High20 1 day ago , 1 ) }
set{ New20Low, count( low below Low20 1 day ago , 1 ) }

/* column display */

add column HiOp
add column OpLo
add column Profit

add column BallOn
add column UpperLim {Resist}
add column LowerLim {Support}

add column RChg
add column SChg

add column New20High
add column New20Low

AND ADD COLUMN BBTrend
AND ADD COLUMN ATRTrend

/* PLOTS */

draw UpperLim on plot price
draw LowerLim on plot price

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE momentum(12) */

set{moval, INDPOSITION(momentum(12), 60) * 100}

/* NORMALIZE rsi(2) */

set{rsval, RSI(2) }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) * 100 }

/* DRAW THE MP RSIWLR CHART */

and draw wrval
and draw adval on plot wrval
and draw moval on plot wrval
and draw rsval on plot wrval

add column wrval
add column adval
add column rsval
add column moval

and add column clxcl
and add column VlXvl
and add column Vdbl

add column HixHi
add column LoxLo

add column Bullpower
add column Bearpower
add column BLxBL
add column BRxBR

/* Selection Criteria */

UpperLim above 1
LowerLim below 1

close below 5

avg vol(5) above 500000
avg vol(30) above 500000

add column industry

Sort column 5 descending

]



MAY ALL YOUR FILLS BE COMPLETE.





TheRumpledOne
6,411 posts
msg #42173
Ignore TheRumpledOne
3/17/2006 6:42:29 PM

www.stockscores.com says:

Symbol ..|.. Last ..|..Threshold .|.. Change .|..Signal .|..Sentiment|..

ATAR ..|.. $0.63 ..|.. $0.66 ..|.. -0.05 ..|.. 15 ..|.. 18 ..|.. ..|..
AVNX ..|.. $3.08 ..|.. $3.23 ..|.. 0.07 ..|.. 61 ..|.. 67 ..|.. ..|..
BPUR ..|.. $1.43 ..|.. $1.50 ..|.. 0.04 ..|.. 74 ..|.. 71 ..|.. ..|..
CAMH ..|.. $3.75 ..|.. $3.94 ..|.. 0.10 ..|.. 23 ..|.. 48 ..|.. ..|..
CHTR ..|.. $1.03 ..|.. $1.08 ..|.. 0.08 ..|.. 38 ..|.. 32 ..|.. ..|..
CTCH ..|.. $1.27 ..|.. $1.33 ..|.. -0.07 ..|.. 73 ..|.. 70 ..|.. ..|..
CYTR ..|.. $1.72 ..|.. $1.81 ..|.. 0.16 ..|.. 86 ..|.. 75 ..|.. ..|..
DNTK ..|.. $0.46 ..|.. $0.48 ..|.. -0.03 ..|.. 42 ..|.. 44 ..|.. ..|..
DVW ..|.. $1.74 ..|.. $1.83 ..|.. 0.07 ..|.. N/A ..|.. N/A ..|.. ..|..
DYMTF .|.. $1.42 ..|.. $1.49 ..|.. -0.03 ..|.. 66 ..|.. 71 ..|.. ..|..
EMFP ..|.. $1.84 ..|.. $1.93 ..|.. -0.09 ..|.. 55 ..|.. 67 ..|.. ..|..
EONC ..|.. $2.44 ..|.. $2.56 ..|.. 0.39 ..|.. 87 ..|.. 69 ..|.. ..|..
GNBT ..|.. $2.94 ..|.. $3.09 ..|.. 0.32 ..|.. 93 ..|.. 77 ..|.. ..|..
GTCB ..|.. $1.01 ..|.. $1.06 ..|.. n/a ..|.. 28 ..|.. 35 ..|.. ..|..
ISV ..|.. $2.00 ..|.. $2.10 ..|.. -0.01 ..|.. 66 ..|.. 76 ..|.. ..|..
IVAN ..|.. $2.66 ..|.. $2.79 ..|.. -0.10 ..|.. 63 ..|.. 71 ..|.. ..|..
MBAY ..|.. $1.11 ..|.. $1.17 ..|.. -0.03 ..|.. 48 ..|.. 44 ..|.. ..|..
NXXI ..|.. $1.38 ..|.. $1.45 ..|.. 0.02 ..|.. 58 ..|.. 64 ..|.. ..|..
PPHM ..|.. $1.44 ..|.. $1.51 ..|.. 0.08 ..|.. 88 ..|.. 65 ..|.. ..|..
PRTL ..|.. $0.76 ..|.. $0.80 ..|.. n/a ..|.. 36 ..|.. 48 ..|.. ..|..
PTSC ..|.. $1.63 ..|.. $1.71 ..|.. 0.14 ..|.. 2 ..|.. 8 ..|.. ..|..
SFLK ..|.. $0.75 ..|.. $0.79 ..|.. -0.04 ..|.. 35 ..|.. 37 ..|.. ..|..
SVVS ..|.. $1.35 ..|.. $1.42 ..|.. 0.20 ..|.. 68 ..|.. 71 ..|.. ..|..
XSNX ..|.. $2.50 ..|.. $2.63 ..|.. -0.26 ..|.. 49 ..|.. 64 ..|.. ..|..

Now, someone needs to check for insider buys, news, etc...




stocktrader
294 posts
msg #42174
Ignore stocktrader
3/17/2006 6:43:56 PM

Lightning fast TRO, thanks.


TheRumpledOne
6,411 posts
msg #42175
Ignore TheRumpledOne
3/17/2006 6:47:50 PM

Remember, the profit column is how much you could have made had you bought the stock 5 days ago at the open and sold at the high of the week.

Symbol Last profit

AVNX 3.08 0.93
BPUR 1.43 0.28
CAMH 3.75 2.29
CHTR 1.03 0.02
CTCH 1.27 0.06
EONC 2.44 0.91
GNBT 2.94 0.8
GTCB 1.01 0.02
ATAR 0.63 -0.0099
ISV 2 0.65
IVAN 2.66 0.22
MBAY 1.11 0.1
NXXI 1.38 0.06
PPHM 1.44 0.14
PRTL 0.76 0.04
SVVS 1.35 0.52
DNTK 0.46 0.12
EMFP 1.84 0.51
PTSC 1.63 -0.07
SFLK 0.75 0.03
DYMTF 1.42 0.19
XSNX 2.5 1.08
DVW 1.74 0.11


Looks like we ARE going to find the next NTRI!


stocktrader
294 posts
msg #42177
Ignore stocktrader
3/17/2006 9:02:59 PM

AVNX 3.08 93%
BPUR 1.43 28%
CAMH 3.75 229%
CHTR 1.03 2%
CTCH 1.27 6%
EONC 2.44 91%
GNBT 2.94 80%
GTCB 1.01 2%
ATAR 0.63 -1%
ISV 2 65%
IVAN 2.66 22%
MBAY 1.11 10%
NXXI 1.38 6%
PPHM 1.44 14%
PRTL 0.76 4%
SVVS 1.35 52%
DNTK 0.46 12%
EMFP 1.84 51%
PTSC 1.63 -7%
SFLK 0.75 3%
DYMTF 1.42 19%
XSNX 2.5 108%
DVW 1.74 11%
-----------------------
AVERAGE 40% over 5 days!
-----------------------

Diversify and sit back and collect the cash.

This filter BEATS any filter on the SF site hands down.
I'm trading the filter with real cash and making huge gains as evidence.

Why do I have the feeling that I will eventually be buying TRO first class tickets and hotel accomodations for a stay in Santa Barbara.......
Wait.......let me collect some more cash first!



stocktrader
294 posts
msg #42178
Ignore stocktrader
3/18/2006 9:44:12 AM

Added Trend to the chart, with cross.

The way I've been playing this filter is simply looking at the action. I have tick charts positioned vertically on the flat panel displays. Every morning I'm looking for this to be a tick race between all NTRI filter tickers (also premarket). This is an indicator of sentiment (direction/volume). Also looking at the charts for how the visual TA is looking (i.e. rising out of a cup, resistance), steaming news, etc.

Looking at the Next NTRI filter ticker charts one can see some correlation with the trend indicator. Keep an eye on those tickers that have "just" changed trend to 111. Look for CMF and volume increase.

I will be paying attention to all the tickers on Monday, but some that have particular interest to me are:

CYTR
EONC
GNBT (made 23% on this last week, also had insider buying)
PPHM (has recent insider buying by director)
DOIG

I'll be watching PPHM very closely this week for action and entry.

The exit is tricky. TRO pointed out prior that when the normalized display is peaked (overbought), then this may be a good time to exit the position.

Everyone has their own way of trading.

The trend is your friend.........

Best of success for this coming week trading the Next NTRI filter!


Fetcher[/* FINDING THE NEXT NTRI FILTER */

/* TREND DISPLAY */

set{T10, count(10 day slope of the close above 0,1)}
set{T60, count(60 day slope of the close above 0,1)}
set{T200, count(200 day slope of the close above 0,1)}

Set{a1, T200 * 1}
Set{a2, T60 * 10}
Set{a3, T10 * 100}

Set{aa, a1 + a2}
Set{TREND, aa + a3}

Set{tcross,105}

ADD COLUMN TREND

and draw trend
and draw tcross on plot trend


/* enter your Upper Limit criteria */
set{UpperLim, High 13 week High}

/* enter your Lower Limit criteria */
set{LowerLim, Low 13 week Low}

set{LimDiff, UpperLim minus LowerLim}
set{PPDiff, CLOSE minus LowerLim}
set{PPDiv, PPDiff / LimDiff}
set{BallOn, PPDiv * 100}

set{PCT, LimDiff / LowerLim}

set{HiOp,high - open}
set{OpLo, open - low}

set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{ClxCl, CCa - CCb}

set{HHb,days(High is above High 1 day ago,100)}
set{HHa,days(High is below High 1 day ago,100)}
set{HixHi, HHa - HHb}

set{LLb,days(Low is above Low 1 day ago,100)}
set{LLa,days(Low is below Low 1 day ago,100)}
set{LoxLo, LLa - LLb}

set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VlXvl, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}

Set{Bullpower, high minus ema(13)}
Set{Bearpower, low minus ema(13)}

set{BLb,days(BullPower is above BullPower 1 day ago,100)}
set{BLa,days(BullPower is below BullPower 1 day ago,100)}
set{BLxBL, BLa - BLb}

set{BRb,days(BearPower is above BearPower 1 day ago,100)}
set{BRa,days(BearPower is below BearPower 1 day ago,100)}
set{BRxBR, BRa - BRb}

set{RChg, count( UpperLim equal UpperLim 1 day ago, 1 ) }
set{SChg, count( LowerLim equal LowerLim 1 day ago, 1 ) }

/* Volatility Direction Filter Display */

set{BBDiff, Upper Bollinger Band(20) - Lower Bollinger Band(20) }

set{BBDb,days(BBDiff is above BBDiff 1 day ago,100)}
set{BBDa,days(BBDiff is below BBDiff 1 day ago,100)}
set{BBTrend, BBDa - BBDb}

set{ATRb,days(ATR(14) is above ATR(14) 1 day ago,100)}
set{ATRa,days(ATR(14) is below ATR(14) 1 day ago,100)}
set{ATRTrend, ATRa - ATRb}

/* profit had you bought the open 5 days ago and sold at the high */

set{High5, High 5 day High}
set{Profit, High5 - open 5 days ago}

/* Narrow Channel Breakout Display */

set{ High20, high 20 day high}
set{ Low20, low 20 day low}

set{ New20High, count( high above High20 1 day ago , 1 ) }
set{ New20Low, count( low below Low20 1 day ago , 1 ) }

/* column display */

add column HiOp
add column OpLo
add column Profit

add column BallOn
add column UpperLim {Resist}
add column LowerLim {Support}

add column RChg
add column SChg

add column New20High
add column New20Low

AND ADD COLUMN BBTrend
AND ADD COLUMN ATRTrend

/* PLOTS */

draw UpperLim on plot price
draw LowerLim on plot price

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE momentum(12) */

set{moval, INDPOSITION(momentum(12), 60) * 100}

/* NORMALIZE rsi(2) */

set{rsval, RSI(2) }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) * 100 }

/* DRAW THE MP RSIWLR CHART */

and draw wrval
and draw adval on plot wrval
and draw moval on plot wrval
and draw rsval on plot wrval



add column wrval
add column adval
add column rsval
add column moval

and add column clxcl
and add column VlXvl
and add column Vdbl

add column HixHi
add column LoxLo

add column Bullpower
add column Bearpower
add column BLxBL
add column BRxBR

/* Selection Criteria */

UpperLim above 1
LowerLim below 1

close below 5

avg vol(5) above 500000
avg vol(30) above 500000

add column industry

Sort column 5 descending
]




TheRumpledOne
6,411 posts
msg #42188
Ignore TheRumpledOne
modified
3/18/2006 2:04:57 PM

From stocktrader:

"This filter BEATS any filter on the SF site hands down.
I'm trading the filter with real cash and making huge gains as evidence."

"The way I've been playing this filter is simply looking at the action. I have tick charts positioned vertically on the flat panel displays. Every morning I'm looking for this to be a tick race between all NTRI filter tickers (also premarket). This is an indicator of sentiment (direction/volume). Also looking at the charts for how the visual TA is looking (i.e. rising out of a cup, resistance), steaming news, etc."

"Looking at the Next NTRI filter ticker charts one can see some correlation with the trend indicator. Keep an eye on those tickers that have "just" changed trend to 111. Look for CMF and volume increase. "

"The exit is tricky. TRO pointed out prior that when the normalized display is peaked (overbought), then this may be a good time to exit the position.

Everyone has their own way of trading.

The trend is your friend......... "


Now when I put that all together I get:

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!!

See, stocktrader has a method to enter and a method to exit.

Stocktrader is using the filter to SELECT stocks and using a METHOD to TRADE the stocks.

Now that's trading!!

MAY ALL YOUR FILLS BE COMPLETE.





StockFetcher Forums · Filter Exchange · Who really wants to find the next NTRI?<< 1 ... 8 9 10 11 12 ... 31 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


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


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.