deprez
60 posts
msg #28119
- Ignore deprez |
8/28/2003 2:07:12 AM
I had some good success with this filter,
so I thought I would share it.
Here is my GOGO Filter:
Geodepe
This filter is ;)copyleft
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risjr
229 posts
msg #28127
- Ignore risjr |
8/28/2003 10:29:49 AM
Hey Geodepe,
You must be having DANG GOOD SUCCESS WITH THIS FILTER!!
Many double digit returns in less than 3 days?!?!?
And high percentage hits too!
Dude, you really know how to buy high and sell higher!!
Thanks a whole lot for sharing this!!
You must have worked on this quite awhile? Keltner is really new stuff!!
Great Job
and Good Tradin'
Ron
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jthehut
124 posts
msg #28131
- Ignore jthehut |
8/28/2003 11:14:26 AM
I like the concept of your filter deprez.
I also got stopped out today several times using this. (actually I only paper traded your filter this AM)
Are you using higher % stops with this, or are you using standard 2%?
Just curious,
M
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deprez
60 posts
msg #28133
- Ignore deprez |
8/28/2003 1:42:27 PM
I may be a little crazy but I set my trailing stop at 10%.
This is more as a security blanket and
I don't like getting stopped because of small %.
The stock needs some "breathing room".
I would take a sharp look at the preceding trough and
consider that as the Primary Resistence.
Ideally, we want to have good peak/trough progression and
a lower trough in the trading time frame would spell trouble.
If the 10% stop price is below the trough price,
then I think the trough price should be your stop +/- breathing room.
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risjr
229 posts
msg #28134
- Ignore risjr |
8/28/2003 1:50:04 PM
Hey Geodepe,
You must be having DANG GOOD SUCCESS WITH THIS FILTER!!
Many double digit returns in less than 3 days?!?!?
And high percentage hits too!
Dude, you really know how to buy high and sell higher!!
Thanks a whole lot for sharing this!!
You must have worked on this quite awhile? Keltner is really new stuff!!
Great Job
and Good Tradin'
Ron
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deprez
60 posts
msg #28135
- Ignore deprez |
8/28/2003 1:57:32 PM
Also,the previous peak is a resistance line now.
We should have a primary trend line supporting our price as well.
A break out of the primary trend could spell disaster well before your stop.
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muddytraks
40 posts
msg #28146
- Ignore muddytraks |
8/28/2003 11:17:56 PM
I like the rounded bottoms (cup shape) on most charte. Why the price range you have. Some of the better looking charts ard the higher priced ones. Do you have 1 other filter you like
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deprez
60 posts
msg #28147
- Ignore deprez |
8/29/2003 12:15:52 AM
Muddytraks,
Me thinks % returns are higher in lower priced stocks.
A $1 move has more affect on a smaller stock price.
1+1=2=1*1+1=100% gain,
10+1=11=10+10*0.1=10% gain,
100+1=101=100+100*0.01=1% gain.
Less capital is needed to make same amount in lower priced stocks.
I will sometimes raise that bar to around $12, if not enough choices.
And I will hold stocks into the higher prices if the trend continues.
I use many filters.I will post them eventually.
In the meantime,
I suggest looking for stocks that hug an upper pair of bollinger bands.
I use three bollinger bands at 0.85,1,1.85 standard deviations.
I also like to have a set of three moving averages all in synchronized order of 4/8/14 where ma(4)>ma(8)>ma(14).
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txtrapper
548 posts
msg #28153
- Ignore txtrapper |
8/29/2003 8:27:29 AM
Jim Wycoff...Triple-Moving Average
The relation of the three moving averages can help to better and more quickly define the strength of the trend and provide shorter-term trading clues. For example, if the 4-period moving average crosses above the 9-period average, but the 9-period is still below the 18-period, that signals a trend change may be on the horizon, but it's best to wait for the 9-period to cross above the 18-period for a better reading of the trend change.
txtrapper
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deprez
60 posts
msg #28163
- Ignore deprez |
8/30/2003 4:09:35 PM
Right on TxTrapper.
The cross above ma(8)&ma(14) is what we want.
Careful on the sell point. MA(4) cross below may be late.
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