nibor100
1,045 posts
msg #140598
- Ignore nibor100 |
1/2/2018 3:11:56 PM
The purpose of this thread is to document SF capabilities that I find/ or have found, so when I forget them I can easily find them by searching this thread; and
to hopefully provide some useful info about the myriad of SF capabilities to new members, and those members who generally don't take the time to explore sw capabilities.
Quiz #1:
a. What common trade statistic is available in StockFetcher that is not listed in Indicators, nor Filter Phrases, and doesn't come up in Filter Assist?
b. Can you provide a filter example of its use?
Thanks,
Ed S.
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Lapre506
48 posts
msg #140622
- Ignore Lapre506 |
1/3/2018 11:36:55 AM
Awesome thread idea. As to the quiz.. I do not know the answer. But I did notice SF does not support VWAP which is disheartening. I saw TRO tried to create it back in 2003. Luckily I can get it on my other trading platform. So any chance VWAP is the answer and I just haven't figured it out yet?
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nibor100
1,045 posts
msg #140627
- Ignore nibor100 |
1/3/2018 2:41:33 PM
@ Lapre506,
VWAP is an excellent try and your approach to solving it is using a path of inquiry that could lead to the right answer, but to my knowledge VWAP isn't currently available in SF.
Perhaps this one was a little too difficult/obscure to be the first quiz so here's a clue.
The recently departed member, K of G, would be able to answer almost immediately.
Thanks,
Ed S.
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four
5,087 posts
msg #140629
- Ignore four |
1/3/2018 3:35:36 PM
do these work
https://www.stockfetcher.com/forums/General-Discussion/VWAP-Any-ideas/112677/-1/112678
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nibor100
1,045 posts
msg #140667
- Ignore nibor100 |
1/5/2018 3:04:01 AM
@four,
1. None of them work for the VWAP I'm familiar with, as it is usually used as an intraday indicator that accumulates during the trading day and starts over with each new day.
A fairly decent webinar explaining VWAP and MVWAP is available this site:
http://videos.worden.com/webinars/PriceVolume032310.html
Anyone can see how they work on FreeStockCharts.com for free, just remember that one must choose a shorter chart time frame than Daily to see the VWAP.
2. The last SF indicator, VMA(Days) shown in that link you posted seems to be equivalent to the MVWAP,
which is available in the SF Indicators thread with some clickable example filters.
I've pasted some of the associated info that you provided below:
"Volume Weighted Moving Average(simple)
Type: Indicator
Parameters: [period]
Usage: • volume weighted moving average(PERIOD)
• VMA(days)
Components: market strength indicator, volume, price close
Example:
• VMA(50) is more than 5 percent below the MA(50)
• VMA(50) has been increasing for 5 days
• VMA(20) crossed above the MA(20) within the last 1 day
Description: The simple volume weighted moving average takes a standard
moving average and uses the daily volume as a weighting
mechanism. The end effect is a moving average that responds to
spikes or lulls in trading activity. "
Thanks,
Ed S.
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nibor100
1,045 posts
msg #140673
- Ignore nibor100 |
1/5/2018 12:38:09 PM
Times up for Quiz #1.
1. The answer I was looking for is Max Drawdown.
2. Here is an example filter of its useage:
3. Here is SFs response when they created in response to K of G's request for it:
"We have a first-pass at a Max Drawdown function. The basic usage is:
Max Drawdown(period)
MaxDD(period)
This measure will compute the largest drawdown (in percent) over the period specified and draw a line from the high to low close.
...
Additionally, using the record high/low function on StockFetcher, you can find out what the largest n-day drawdown was over a specified period.
...
As with all new features, please let us know if you don't feel this value is computed correctly or have any questions on the data.
Thank you,
StockFetcher Support "
4. Note: it appears for some stocks the calculation is off a little, but probably much better than having nothing for Max Drawdown in SF.
Comments are welcome,
Ed S.
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pthomas215
1,251 posts
msg #140685
- Ignore pthomas215 |
1/5/2018 6:57:28 PM
Not sure if this is in the right place really but Kevin from GA posted this backtested filter a few months ago..pretty good 1-3% returns.
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nibor100
1,045 posts
msg #140689
- Ignore nibor100 |
1/6/2018 8:10:34 AM
@pthomas215,
An excellent place to post that filter as it shows another SF function/indicator that is currently not listed in Indicators, Filter Assist, nor Filter Phrases.
ReverseRSI(period,value)
Below is the most text I could find out about it from SF posts:
"We have a first-pass at the "ReverseRSI" measure that you describe:
Please let us know if you have any questions, or notice any errors/bugs with this new measure.
Thank you!
StockFetcher Support "
Thanks,
Ed S.
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pthomas215
1,251 posts
msg #140691
- Ignore pthomas215 |
1/6/2018 1:43:44 PM
Thank you Ed. you can lower the RSI for even better results. to maybe less than 5.
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pthomas215
1,251 posts
msg #140696
- Ignore pthomas215 |
1/6/2018 4:44:48 PM
Graftonian the filter wizard, created one of the best filters i have seen. He posted it as "X marks the spot"..
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