StockFetcher Forums · Stock Picks and Trading · Village Elder Short -Sell Filter discussions<< 1 ... 8 9 10 11 12 >>Post Follow-up
olathegolf
119 posts
msg #151050
Ignore olathegolf
3/3/2020 12:33:09 AM

VE - thanks again for your contributions.

Nibor - 3 day lookback was necessary to calculate 1 day, 2 day, and 3 day profits. As I mentioned, I manually downloaded the CSV file for each days results, pasted into an Excel spreadsheet and performed a simple analysis from there - mostly related to VEs various exit strategies.

Other than the obvious outlier OVV, I did not remove any selections.

Here's VEs filter modified using a 3 day lookback with 3 day results:

Fetcher[
/*Village Elder Short-Sell Filter with 3 Day Lookback*/

close 3 days ago above 3
close 3 days ago above close 4 days ago
close 3 days ago * volume 3 days ago above 1000000
set{mass5, average volume(5) 3 days ago / average volume(50) 3 days ago}
set{new_momentum, ROC(5,1) 3 days ago * mass5}
draw roc(5,1) 3 days ago line at 50
add column new_momentum
add column roc(5,1) 3 days ago{roc51}
sort on column 5 descending
roc(5,1) 3 days ago above 50
Market cap 3 days ago above 10 /*Nibor is Using Shares Outstanding 3 days ago above 10"*/
add column market cap 3 days ago
chart-time is 3 months

/*Calculate Profit*/

/*After Day 1*/
set{profit1h,open 2 days ago - high 2 days ago}
set{profit1min,profit1h/open 2 days ago}
set{profit1a, open 2 days ago - close 2 days ago}
set{profit1d_close,profit1a/open 2 days ago}
set{profit1e,open 2 days ago - low 2 days ago}
set{profit1max,profit1e/open 2 days ago}

/*After Day 2*/
set{profit2h,open 2 days ago - high 1 day ago}
set{profit2min,profit2h/open 2 days ago}
set{profit2a, open 2 days ago - close 1 day ago}
set{profit2d_close, profit2a/open 2 days ago}
set{profit2e,open 2 days ago - low 1 day ago}
set{profit2max,profit2e/open 2 days ago}

/*After Day 3*/
set{profit3h,open 2 days ago - high}
set{profit3min,profit3h/open 2 days ago}
set{profit3a, open 2 days ago - close}
set{profit3d_close, profit3a/open 2 days ago}
set{profit3e,open 2 days ago - low}
set{profit3max,profit3e/open 2 days ago}

/*Viewing*/

add column separator
add column open 2 days ago {Sell Short Price}
add column separator
add column profit1min
add column profit1d_close
add column profit1max
add column separator
add column profit2min
add column profit2d_close
add column profit2max
add column separator
add column profit3min
add column profit3d_close
add column profit3max
add column separator
add column ROC(5,1) 2 days ago {ROC51 d1}
add column ROC(5,1) 1 day ago {ROC51 d2}
add column ROC(5,1) {ROC51 d3}
add column separator
]



dtatu
143 posts
msg #151081
Ignore dtatu
modified
3/4/2020 7:49:56 PM

In response to the post from 4 march Re. APT trade: I'm surprised to see that loss, as I took a small 100 sh test- trade :
EXIT:APT 2020-03-04, 15:59:00 2020-03-06 - BUY 100 16.1800 -1,618.00 -1.00 0.00 D
Total APT (Bought) 100 16.1800 -1,618.00 -1.00 0.00

ENTRY: APT 2020-03-04, 10:06:28 2020-03-06 - SELL -100 18.5000 1,850.00 -1.05 0.00 P
Total APT (Sold) -100 18.5000 1,850.00 -1.05 0.00
Total APT 0 232.00 -2.05 0.00
Total 232.00 -2.05 0.00

The open was 16.75; the low 15.51

https://www.barchart.com/stocks/quotes/APT/technical-chart?plot=HLWCDL&volume=total&data=DO&density=M&pricesOn=0&asPctChange=0&logscale=0&indicators=KELT(21)&sym=APT&grid=1&height=500&studyheight=100

dtatu
143 posts
msg #151082
Ignore dtatu
modified
3/4/2020 7:50:45 PM

also
I did not find shares to short in
INO and NCNA

nibor100
1,044 posts
msg #151083
Ignore nibor100
3/5/2020 3:45:27 AM

@dtatu,
Day 1 of his APT trade was 2/26 based on his filter signal on 2/25. Entry short price of $10.81.

Day 3 ended at the close of 2/28, which was when I would have expected that APT trade to be exited; based on his Exit Rule 3, as explained in his post on his NLS trade in the evening of 1/13.

Day 6 was 3/4.

If you run Olathegolf's 3 day backtest filter on 2/28, you can see the $10.81 short price for 2/26 and the range of exit prices for the expected max of 3 days in trade.

Ed S.



dtatu
143 posts
msg #151084
Ignore dtatu
3/5/2020 5:17:31 AM

Sorry,
I understand.

Ratilal.Haria@gmail.com
6 posts
msg #151153
Ignore Ratilal.Haria@gmail.com
3/10/2020 10:12:41 AM

FIrst of all I would like to apologize in advance if I breaking any protocols as this is my first posting at SF. I have been a member of SF for about 2 months with the idea of learning as much as I can about investing and related tools, and trying whatever I am learning on ThinkOrSwim platform.

I have few questions regarding Village Elder.'s strategy's Rule 1 & 2 - to close the trade by buying the shares back by the end of the day, if 

1. Profitable by end of day or
2. ROC(5,1) closes below 50 

Assuming VE triggers those trades automatically from the trading platform he is using,
I tried to issue those triggers from ToS platform but for reasons, my codes fails i.e. the AddOrders are not executed from the Strategy codes, as I cannot see the trade text on the ToS chart

Does anyone trade on ToS and can help?

Thanks ... Ratilal


Village Elder
231 posts
msg #151155
Ignore Village Elder
3/10/2020 1:21:43 PM

@Ratilal - to be clear, the system is being paper traded (as clearly indicated in the first post on my thread, and several times since) - that means I am not using automatic signals on any trading platform at the moment.

Looking at ENZ today, it think the smarter thing for automated trading is to drop rule 1 and just go with the ROC cross below 50. To properly do this, you need to use a time-based rule (probably something like "time is equal to or greater than 15:55 est" and also require "daily ROC(5,1) below 50").

Never used ToS but hopefully that helps.

Ratilal.Haria@gmail.com
6 posts
msg #151167
Ignore Ratilal.Haria@gmail.com
3/11/2020 8:21:08 AM

Hi VE

Appreciate your feedback

God Bless you

Thanks ... Ratilal

olathegolf
119 posts
msg #151227
Ignore olathegolf
3/14/2020 9:25:42 PM

As you screen stocks using VEs filter, you might find it useful to know if a stock split occurred recently. Use the following website: https://www.stocksplithistory.com/

Also, does anybody know the easiest way to screen for acquisitions? Luckily, there aren't many stocks selected so it's easy enough to just search on the internet. However, if you know of a dedicated screener, please advise. Thanks.

dtatu
143 posts
msg #151337
Ignore dtatu
modified
3/20/2020 11:05:31 PM

Hello Guys,
First Thanks to VE for what seems to be a decent and simple filter.
I'm using it in real time: not enough trades yet to make stats, but, it feels good!
I made some changes for the real time trading which lower a lot the stress of big moves:
1. I do not enter on market on Open , to avoid the first minutes of big convulsions; I wait 5-10 minutes: if stable, I enter:especially an slow upward move( unless there is a big move down already on the open: I do not chase it)
2. As soon as I enter I put a stop loss above a significant previous high, or the amount at risk/trade
3. I exit 1/2 the position when profit = risk, creating a risk free trade( on several occasions, big moves during the day were erased before the close: frustrating)
4. I do not cover MOC but rather at 15.45-15.50: I noticed several times, that a losing position tends to be bid up in the last minutes of trading.

StockFetcher Forums · Stock Picks and Trading · Village Elder Short -Sell Filter discussions<< 1 ... 8 9 10 11 12 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.