MARY4MONEY
806 posts
msg #84659
- Ignore MARY4MONEY
modified |
12/18/2009 2:32:37 PM
stock is optionable and weekly rsi(2) above 30 and set{mm,weekly macd(2,3,1)} and mm below 0 ------and weekly rsi(2) below 15 within last 4 weeks-how would you write this last part here saying you want the weekly rsi(2) to be <15 sometime in the last 4 weeks and at the same time have it above 30 now---this will get you into stock right near the weekly macd(2,3,1) o point- the explsion point is when it crosses above the 0 line-thanks lerogee THIS TYPE OF FILTER FOUND RIMM S BREAKOUT--LOOK AT STEC AND NITE-- WHAT YOU WANT TO FIND IS A FLAT BOTTOMED WEEKLY RSI-2 THAT SUDDENLY SHOTS WAY UP WITH A BIG POS DIVERGENCE- WHERE THE WEEKLY MACD(2,3,1) IS JUST ABOUT TO COME FROM THE BOTTOM THRU THE 0 LINE-
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straken
469 posts
msg #84662
- Ignore straken |
12/18/2009 3:22:40 PM
Here is one I use thats similar..... edit to your desire
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cabogordon
88 posts
msg #84667
- Ignore cabogordon |
12/18/2009 6:19:31 PM
straken
great filter. do you use it ?
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straken
469 posts
msg #84678
- Ignore straken |
12/18/2009 11:32:31 PM
cabogordon 12/18/2009 6:19:31 PM
straken
great filter. do you use it ?
Yes, for daytrading options. Works best in a confirmed uptrend and on the rebounding OPRA stocks and IBD watchlists that I have. What results the filter hits on should be watched for continued strength the next morning of course.
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drmohdali
7 posts
msg #84680
- Ignore drmohdali |
12/19/2009 12:29:58 AM
hi straken
what indicators u used for confirmation of uptrend..and what does ORAm stand for....Have u thought about starting option subscribing serivce
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trendscanner
265 posts
msg #84688
- Ignore trendscanner
modified |
12/19/2009 9:27:32 AM
this might work
SF is having problems drawing the charts from this filter for me this morning. Maybe a problem with IE.
One thing about weekly rsi(2) is that it changes throughout the current week depending on what the daily rsi(2) is doing. So you usually don't know until the end of the week whether it's up or down that week.
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MARY4MONEY
806 posts
msg #84690
- Ignore MARY4MONEY |
12/19/2009 9:50:43 AM
to know exactly where you are use thinkor swim.com- and read them live- for istance the dia hit its low rsi-2 daily at 4.2% yesterday
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chetron
2,817 posts
msg #84691
- Ignore chetron
modified |
12/19/2009 9:57:09 AM
@STRAKEN, I DON'T WANT TO JINX YOUR SETUP, BUT YOUR COMPARE TO ^SPY ISN'T WHAT YOU THINK. IT WOULD BE BETTER EITHER TYPE "SPY" OR "^INX". WHAT INDEX "A" IS, I HAVE NO IDEA.
HTH
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straken
469 posts
msg #84693
- Ignore straken |
12/19/2009 12:37:17 PM
@STRAKEN, I DON'T WANT TO JINX YOUR SETUP, BUT YOUR COMPARE TO ^SPY ISN'T WHAT YOU THINK. IT WOULD BE BETTER EITHER TYPE "SPY" OR "^INX". WHAT INDEX "A" IS, I HAVE NO IDEA.
Chet,
I dont think you could jinx anything, thanks for the heads up. That string is not part of my usable filter, got posted by mistake.
I was reading another thread about about advances and declines and was trying some SF comparative measures.
I was poking around www.marketvolume.com and perusing the A/D ratios and sentiment there which really looks a little interesting and may be useful as if its stockfetcherable. I was going to attempt to fetcherize something tonight using the NYSE or NASDAQ A/D index measures here if I can gather enough data between some me time and trips to the mall.
If you get the chance to scurry over to that site, let me know if you think its doable.
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straken
469 posts
msg #84696
- Ignore straken |
12/19/2009 12:57:57 PM
hi straken
what indicators u used for confirmation of uptrend..and what does ORAm stand for....Have u thought about starting option subscribing serivce
Subscribing service?..Ha, not with my record this quarter. If I would follow my filters I might have better luck. RIMM put me back in the black for this quarter. I missed 9 out of 12 on retail.
OPRA are stocks with a one dollar strikes like BAC WDC and some with 50 cent strikes. Most of them move well on IV and are good for daytrading.
My confirmations are a few things. I use the scrolling market movers list at scottrade to see current High of days while I'm watching the results of my scans on TOS, and IB. I trade with all three and a compliment of filters I've built and many I've found here. Just browse around for term "market direction"
Just a FYI, most subscriptions are a crock of feeders. They will have several levels some called elite and use the lower end people to push the option price for the elites to make money and once in a while they will throw you a bone and soon after try to upgrade you to a "better program".
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