billbose
14 posts
msg #74216
- Ignore billbose |
5/8/2009 3:26:26 AM
I am new to Stockfetcher and need help with a filter for going long
1. Starting a new trend
2. Momentum moves above zero and holds above zero
3. Cycle low for timing
4. Support of 50% for fib retrace
Thanks guys
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petrolpeter
439 posts
msg #74240
- Ignore petrolpeter |
5/8/2009 1:03:00 PM
I like to look at top gainers or ones that pop in an uptrend
and build a filter that back tests 1 to 5 or 6 days back that picks up those results,or as many as possible.After all,thats the point of a stock search.Pick a few of those charts and add an indicator and study it very closely,then add a different one and study it again.You will find that some do not correspond to the price action at all and some do.Develop your own style by getting those good picks up on a filter ahead of time.If this is a bull filter,your goal is a green bar or better yet many at the point of the filter result.Here is a simple filter that looks at a possible green bar continuation
The more indicators you add,the less the results.
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billbose
14 posts
msg #74266
- Ignore billbose |
5/9/2009 11:41:19 AM
Thank you PetrolPeter for the support
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