alf44
2,025 posts
msg #64172
- Ignore alf44 |
6/22/2008 11:39:17 AM
GLTY !!!
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luc1grunt
622 posts
msg #64200
- Ignore luc1grunt |
6/23/2008 12:50:03 AM
As predicted, supsected, and guaranteed....the pompous, condescending, "next biggest filter you will ever see" is a bust.
Didn't see that coming now did we, he, he.
It's all good. :)
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alf44
2,025 posts
msg #64270
- Ignore alf44
modified |
6/24/2008 12:55:50 AM
RIGGS,
Why even post ANYTHING in these Forums...if YOU are just gonna abuse the process...come back later...much later... and delete your whole damn post ?
Why participate in these Forums at all ???
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FuriousThug
256 posts
msg #64593
- Ignore FuriousThug
modified |
7/1/2008 7:54:45 PM
Still trying to tweak and learn the Elder Ray and FI. Most of the content of these two filters was pillaged from the original Elder thread, but I've tried to add some pretty simple screening for divergence and FI crossovers. The additions at the bottom really just replicate the simple basics of ER and FI rules but I hope those more experienced with these indicators than I can at least confirm I'm on the right track. Hell...if nothing else, I will have finally figured out how to post a filter...
and the sell..
Thanks.
FT
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WALLSTREETGENIUS
983 posts
msg #64596
- Ignore WALLSTREETGENIUS
modified |
7/1/2008 9:40:01 PM
Thug -
I would STRONGLY suggest you read up on "FI" before you start buying and selling "crossovers." FI works the opposite than what you might be used to....and it's a very tricky one at that. Took me a long time to figure out how to use it when it's close to the "0" line. Very dangerous as a stand alone, until you master it.
RIGGS
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FuriousThug
256 posts
msg #64598
- Ignore FuriousThug |
7/1/2008 10:10:20 PM
Yeah, I can already see that. I'm having a hard time distinguishing between its POSITIONAL relevance vs. its DIRECTIONAL relevance when looking at it in different trending stocks.
I'm pretty new at deciphering indicators as short term as the FI(2), so when reference is made to FI making a "new high" or "new low," what is the relative time frame those highs and lows are referencing? one week? one month?
Thanks.
FT
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chetron
2,817 posts
msg #64599
- Ignore chetron |
7/1/2008 10:19:19 PM
dave's post looked interesting.
INFO FROM DAVE
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arby347
87 posts
msg #64600
- Ignore arby347 |
7/1/2008 10:41:28 PM
I am still impressed by the Elder triple screen for swing or position trading.
This filter is fairly simple but seems effective so far. Open for comment and improvement ideas. This addresses the identification of the trend through the direction of the weekly MACD. The daily set up of the -DI going up and then changing direction preceding a tradeable move is just something I have observed in viewing many charts. I am not sure of the validity of this, but it seems to work.
I am not sure that the final parts of the triple screen can be coded or if it is even desirable to do so.
Interestingly, checking the SPY for a MACD weekly directional change would have had you out of long positions around 5/20, which coincided with Vector Vest's call to the downside.
Fetcher{
Show stocks where -DI(13 ) above +DI(13) within the last 2 days
Show stocks where -DI(13) above ADX(13,13) within the last 2 days
slope of -DI(13 ) below 0
slope of Ema(9) > 0
Bullpower is above Bearpower
Set{Bullpower, high minus ema(13)}
Set{Bearpower, low minus ema(13)}
Bearpower above bearpower 1 day ago
2 days ago weekly MACD Histogram(12,26) below weekly MACD Histogram(12,26) 3 days ago and
1 day ago weekly MACD Histogram(12,26) below weekly MACD Histogram(12,26) 2 days ago and
weekly MACD Histogram(12,26) above weekly MACD Histogram(12,26)
1 day ago
draw weekly MACD Histogram(12,26)
Draw RSI(2)
Draw Williams %R(2)
Draw Williams %R(7)
add column RSI(2)
]
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arby347
87 posts
msg #64601
- Ignore arby347 |
7/1/2008 10:42:59 PM
OK, why did that not becpome clickable?
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FuriousThug
256 posts
msg #64602
- Ignore FuriousThug |
7/1/2008 11:07:17 PM
[
not {
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