maxxam80
108 posts
msg #47446
- Ignore maxxam80 |
10/13/2006 11:01:39 AM
Is it possible to make a filter that scans for stocks that have a divergence between price and rsi levels (compared to a previous very similar price level with different RSI 2 levels) is this someothing that can be coded with SF
thanks
Max
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sadelb
12 posts
msg #47455
- Ignore sadelb |
10/13/2006 9:19:08 PM
This could be the best filter ever posted on stockfetcher imo. Thanks!!
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WALLSTREETGENIUS
983 posts
msg #47457
- Ignore WALLSTREETGENIUS |
10/14/2006 12:01:40 AM
"This could be the best filter ever posted on stockfetcher imo. Thanks!!"
_______________________________
Someone else said that, and all hell broke loose in the forum. lol....but I can't take credit for it b/c someone else posted the divergence part. But I knew when I saw it....it was a diamond in the rough. By far, the best divergence filter posted to date! Hands down......
- RIGGS -
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maxxam80
108 posts
msg #47464
- Ignore maxxam80 |
10/14/2006 2:51:55 PM
thank god I made this thread
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maxxam80
108 posts
msg #47468
- Ignore maxxam80
modified |
10/14/2006 3:41:43 PM
does it just mean buy the stock the filter produces
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maxxam80
108 posts
msg #47469
- Ignore maxxam80 |
10/14/2006 3:42:07 PM
'load the freakin boat' that is
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jacobnbr1
37 posts
msg #47459
- Ignore jacobnbr1
modified |
10/14/2006 3:54:48 PM
Riggsy:
I took a long hard look at this filter and the set-ups and i got to tell you THIS IS FREAKIN AWSOME!
as it looks right now one stock in mention is prgs if i am reading it right just broke out friday as the "LOAD THE FREAKIN BOAT" am i right? and if so. is this like a one to three day trade hold, or is exit upon the crossing of ema?
thanks for the help.
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jacobnbr1
37 posts
msg #47470
- Ignore jacobnbr1 |
10/14/2006 4:12:16 PM
max:
I don't think there ever will be a filter that you just buy the stocks as they show up.... There is too much catalyst crap that happens so you need to focus, focus, focus...
I can remember when i first figured out sma's. i thought i was the best trader alive...
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Jimski
1 posts
msg #47471
- Ignore Jimski |
10/14/2006 5:37:17 PM
"Is it possible to make a filter that scans for stocks that have a divergence between price and rsi levels (compared to a previous very similar price level with different RSI 2 levels) is this someothing that can be coded with SF "
thanks
Max
The filter produced by WALLSTREETGENIUS looks good. My question though is this. Has your question above really been answered? If I understand it right ( and maybe i don't)you are looking for a filter that would tell you when a stock that has a price A on the way down and a RSI(2) of 5% has a positive divergence in the RSI(2)of say 80% because the RSI(2) on the stock at the same price point of A on the way back up after a decline is 85%. I have just recently come across this idea in my reading on RSI(2),but if I understand it right the idea is that the bigger the positive divergence in the RSI(2) at the same price point the more "energy' there is to continue to go higher.
Is this right? Any thoughts anyone?
Thanks
Jimski
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sadelb
12 posts
msg #47473
- Ignore sadelb
modified |
10/15/2006 1:09:01 AM
Maxxam, I would have to agree with you that I believe you can pretty much buy the stocks this filter produces. Good idea to wait until the end of the trading day.
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