MARY4MONEY
806 posts
msg #51083
- Ignore MARY4MONEY
modified |
4/14/2007 10:18:15 AM
wins from 60-70 in down market and 82-97% in an up market-----filter weekly rsi(3) below 5 for last 5 days and market is nasdaq 100
|
maxreturn
745 posts
msg #51090
- Ignore maxreturn
modified |
4/14/2007 1:27:22 PM
|
alf44
2,025 posts
msg #51095
- Ignore alf44
modified |
4/14/2007 4:57:51 PM
Can you mix weekly and daily criteria in the "count" statement ?
Using a "weekly" RSI(3) and # of "days" it was under some value...
...how would you code that filter ?
Regards,
alf44
|
nikoschopen
2,824 posts
msg #51097
- Ignore nikoschopen |
4/14/2007 5:54:12 PM
No you cannot throw the two in the same mix. You can see why by adding "draw weekly rsi(2)" and looking at the chart.
As you can see the weekly RSI(2) stays above the 90 for the duration of 10 weeks, not 2 as initially stated. The correct way to state the above premise is to treat days as weeks (5 days = 1 week). Hence it should be written
*Note: Not all fetched charts seem to conform to the above criteria.
|
alf44
2,025 posts
msg #51108
- Ignore alf44
modified |
4/14/2007 11:13:32 PM
thnx niko !
Cept the RSI is supposed to be an RSI(3) and...it's supposed to be BELOW 5...not ABOVE 90...and for 5 days...NOT 10 days !
That's according to "Mary's" above criteria...
Regards,
alf44
|
nikoschopen
2,824 posts
msg #51109
- Ignore nikoschopen |
4/15/2007 12:47:41 AM
Sorry, I got lost in translation while simultaneously reading through Mary's multiple posts. The numbers I used were from this thread: http://forums.stockfetcher.com/sfforums/?mid=51096
|
alf44
2,025 posts
msg #51124
- Ignore alf44
modified |
4/15/2007 11:56:40 AM
...so...if you take niko's version above and enter "Mary's" criteria you come up with this...I guess !
(niko, check me here to be sure I understood)
-----------------------------------
----------------------------------
The problem with these filters though...is that they DON'T seem to fulfill the requirements (as I interpret them) of "Mary's" "most accurate filter" !
In other words, the way they are written says the Weekly RSI(3) is BELOW 5 (that's as it should be)...but...there is no way of distinguishing whether or not it has been "below 5"...for JUST the "last 5 days"...OR...the last "X # of days"...of which the "last 5 days" are included !
I interpret "Mary's" parameters as saying "Weekly RSI(3) BELOW 5...for JUST the last 5 days" !
Of course, all of this mystery could easily be eliminated if MARY could actually engage in a coherent dialogue...instead of these silly, cryptic, attention seeking posts that no one can understand !
Regards,
alf44
PS. Also, by scanning ONLY the NASDAQ 100 (as "Mary" suggests)...the daily filter hits are rather scarce. fwiw
|
MARY4MONEY
806 posts
msg #51175
- Ignore MARY4MONEY |
4/17/2007 12:18:10 PM
just under for 5 days
|
binhp
71 posts
msg #51181
- Ignore binhp |
4/18/2007 12:46:45 AM
How about this filter:
|