StockFetcher Forums · Filter Exchange · Interesting Filter run on the S&P 100<< 1 2 >>Post Follow-up
SAFeTRADE
646 posts
msg #161191
Ignore SAFeTRADE
modified
7/6/2024 3:50:03 PM

Makes you wonder why trade individual stocks when according to this filter 5 of the top names are
ETFs. This run on the s&p 100. Things that make you go hmmmm.

Fetcher[
set{tsa,high 9 day high + low 9 day low}
set{ts,tsa / 2}
draw ts on plot price

set{is-etf,count(market is etf,1)}



set{st13,count(Fast Stochastics Fast %K(13,3) > 80,1)}
set{ts1,st13 * 1000}

set{macd8,count(macd(8,6,8) < 0,1)}
set{ts2,macd8 * 100}

set{macd5,count(macd(5,8,8) > 0,1)}
set{ts3,macd5 * 10}

set{rs8,count(Williams %R(8) > -19,1)}
set{ts4,rs8 * 1}

set{tscore4,ts1 + ts2}
set{tscore3, ts3 + ts4}
set{tscore,tscore4 + tscore3}
set{rank1,count(tscore above 111,1)}
set{rank,rank1 * rsi(8)}
set{buy,count(Fast Stochastics Fast %K(13,3) crossed above 80,1)}


watchlist(snp100)
/*symlist(spy,qqq,dia,xlb,xlc,xle,xlf,xli,xlk,xlp,xlu,xlv,xly,iau,ief,vxx)*/
add column 10 day slope of close
add column 45 day slope of close
add column rsi(8)
/*add column RSquared(close,20){rsq20}*/
add column 45 day slope of close


add column separator
add column tscore
add column buy
add column separator
add column ts1{stoch13}
add column ts2{macd868}
add column ts3{macd588}
add column ts4{w%r8}
add column separator
add column is-etf
add column rank


draw Fast Stochastics Fast %K(13,3)
draw macd(8,6,8)
draw buy
draw Williams %R(8)
draw macd(5,8,8)



draw tscore
sort column 9 descending
]



To see top 10 sort by rank.

push5280
201 posts
msg #161192
Ignore push5280
7/6/2024 7:10:56 PM

The filter is glitching on the rs8 set line

SAFeTRADE
646 posts
msg #161193
Ignore SAFeTRADE
7/7/2024 9:35:51 AM

How so?

snappyfrog
731 posts
msg #161194
Ignore snappyfrog
7/7/2024 9:45:37 AM

It shows a 0 for hits on line 3 "draw ts".
And a warning symbol on the "rs8 count(Williams" line.


snappyfrog
731 posts
msg #161195
Ignore snappyfrog
modified
7/7/2024 9:50:54 AM

I commented out "on plot price" to see if that changed anything on line 3.





SAFeTRADE
646 posts
msg #161196
Ignore SAFeTRADE
7/7/2024 11:16:25 AM

I may be dull this morning but I do not see what you see.

styliten
302 posts
msg #161197
Ignore styliten
modified
7/7/2024 12:28:17 PM

@ SAFeTRADE

seems that

watchlist(snp100)
/*symlist(spy,qqq,dia,xlb,xlc,xle,xlf,xli,xlk,xlp,xlu,xlv,xly,iau,ief,vxx)*/

is the problem area; changing it to:

s&p100

OR

/* watchlist(snp100) */
symlist(spy,qqq,dia,xlb,xlc,xle,xlf,xli,xlk,xlp,xlu,xlv,xly,iau,ief,vxx)

would work but not sure if it works 100% as you've intended or not.

SAFeTRADE
646 posts
msg #161198
Ignore SAFeTRADE
7/7/2024 2:20:53 PM

my watchlist is named snp100.. So as below instead replace my watchlist(snp100) with s&p 100

Fetcher[

set{tsa,high 9 day high + low 9 day low}
set{ts,tsa / 2}
draw ts on plot price

set{is-etf,count(market is etf,1)}



set{st13,count(Fast Stochastics Fast %K(13,3) > 80,1)}
set{ts1,st13 * 1000}

set{macd8,count(macd(8,6,8) < 0,1)}
set{ts2,macd8 * 100}

set{macd5,count(macd(5,8,8) > 0,1)}
set{ts3,macd5 * 10}

set{rs8,count(Williams %R(8) > -19,1)}
set{ts4,rs8 * 1}

set{tscore4,ts1 + ts2}
set{tscore3, ts3 + ts4}
set{tscore,tscore4 + tscore3}
set{rank1,count(tscore above 111,1)}
set{rank,rank1 * rsi(8)}
set{buy,count(Fast Stochastics Fast %K(13,3) crossed above 80,1)}


s&p 100

add column 10 day slope of close
add column 45 day slope of close
add column rsi(8)
/*add column RSquared(close,20){rsq20}*/
add column 45 day slope of close


add column separator
add column tscore
add column buy
add column separator
add column ts1{stoch13}
add column ts2{macd868}
add column ts3{macd588}
add column ts4{w%r8}
add column separator
add column is-etf
add column rank


draw Fast Stochastics Fast %K(13,3)
draw macd(8,6,8)
draw buy
draw Williams %R(8)
draw macd(5,8,8)



draw tscore
sort column 9 descending
]



snappyfrog
731 posts
msg #161199
Ignore snappyfrog
modified
7/7/2024 9:32:38 PM

Now it works. But, no ETFs. I took out the "s&p500" so I could just see ETFs.

schaballa
4 posts
msg #161225
Ignore schaballa
7/12/2024 5:47:00 PM

Hi All, This filter is definitely interesting. I have added my own little twist to this code and back tested it from January 2024 - June 2024. Results have been great as you can back test and see for yourself. I have added some code: Relative Strength and Score, 30-day slope of DMA(200), RSI(2), and RSI(2) 1 day ago, and changed the descending column to buy tickers that come up first.

I have very strict buy rules: TScore must be 1111, Buy is triggered, RSAvg must be 1 or higher, 30 day Slope must be .03 or higher, buy at the end of the day because charts do change throughout the day, and if 2 tickers trigger, buy the one with the most volume.

I am paper trading to see just how this system will work. Please do not take this as advise to get into these trades. I am not a financial advisor and I am just paper trading this system to see if this is something I may add to my swing trading. All of the paper trades below where at Delta 30 so I have continuity.

July 10 DIA 8/16 405 Call 2.39. July 12 high of the day, contract was trading at 4.10
July 10 XLF trigged on Stockfetcher after the market closed. At open, July 11 XLF 8/16 43 Call .41
July 11 XLV 8/16 151 Call .95
July 12 SPY 8/16 572 Call 3.18

Let's see how it goes


Fetcher[
/* Very Strict Buy Rules: 1. TScore 1111 2. Buy triggered 3. RSAvg 1 or higher 4. Slope .03 or higher 5. If 2 or more trigger, always take the most volume 6. Buy at end of day */

set{tsa,high 9 day high + low 9 day low}
set{ts,tsa / 2}
draw ts on plot price

set{is-etf,count(market is etf,1)}

set{st13,count(Fast Stochastics Fast %K(13,3) > 80,1)}
set{ts1,st13 * 1000}

set{macd8,count(macd(8,6,8) < 0,1)}
set{ts2,macd8 * 100}

set{macd5,count(macd(5,8,8) > 0,1)}
set{ts3,macd5 * 10}

set{rs8,count(Williams %R(8) > -19,1)}
set{ts4,rs8 * 1}

set{tscore4,ts1 + ts2}
set{tscore3, ts3 + ts4}
set{tscore,tscore4 + tscore3}
set{rank1,count(tscore above 111,1)}
set{rank,rank1 * rsi(8)}
set{buy,count(Fast Stochastics Fast %K(13,3) crossed above 80,1)}


watchlist(s&p 100)
/*symlist*/
Symlist(spy,qqq,dia,xlb,xlc,xle,xlf,xli,xlk,xlp,xlu,xlv,xly,iau,ief,vxx)

add column 10 day slope of close
add column 45 day slope of close
add column rsi(8)

/*add column RSquared(close,20){rsq20}*/
add column 45 day slope of close

add column separator
add column tscore
add column buy
add column separator
add column ts1{stoch13}
add column ts2{macd868}
add column ts3{macd588}
add column ts4{w%r8}
add column separator
add column is-etf
add column rank

add column rsavg
add column 30-day slope of DMA(200)
add column RSI(2)
add column RSI(2) 1 day ago
do not draw 30-day slope of DMA(200)

/* RELATIVE STRENGTH & SCORE */
set {rs1, relative strength(^INX,28)} /* S&P 500 Index */
set {rs2, relative strength(^DJIA,28)} /* Dow Jones Industrial Average */
set {rs3, relative strength(^RUT,28)} /* Russell 2000 */
set {rs4, relative strength(^IXIC,28)} /* NASDAQ Composite */
set {rsavg1, rs1 + rs2}
set {rsavg2, rs3 + rs4}
set {rsavg3, rsavg1 + rsavg2}
set {rsavg, rsavg3 / 4}


draw Fast Stochastics Fast %K(13,3)
draw macd(8,6,8)
draw buy
draw Williams %R(8)
draw macd(5,8,8)

draw tscore
sort column 10 descending
]



StockFetcher Forums · Filter Exchange · Interesting Filter run on the S&P 100<< 1 2 >>Post Follow-up

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