StockFetcher Forums · Filter Exchange · KSK8 Alternate Long Filter<< >>Post Follow-up
snappyfrog
731 posts
msg #146337
Ignore snappyfrog
1/30/2019 10:19:57 PM

I took a recent "short" filter by KSK8 and tried making it a "long" optionable filter. Improvements? Comments?

Fetcher[
/* long open, take profit at 10% or cover at close */
/*alteration of KSK8 filter*/
/*https://www.stockfetcher.com/forums/General-Discussion/1-600-with-only-42-trades/146107/10*/

set{x1, average true range(1)}
set{x2, CEMA(x1, 14)}
set{x3, x1 / x2}
set{x4, high - open}
set{x5, x4/open }
set{x6, count(x5 > .02 , 100)}
set{x7, count(close > 0.1,1)}
set{x8, count(close < 100,1)}
set{x9, count(volume > 1000000,1)}
set{x10, count(rsi(2) < 5,1)}
set{x11, count(close is 10% above open,1)}
set{x12, count(x6 > 80,1)}
set{x13, x7*x8}
set{x14, x13*x9}
set{x15, x14*x10}
set{x16, x15*x11}
set{x17, x16*x12}
set{x18, count(x3 > 3,1)}
set{final, x17*x18}

final < 1.9
add column final


market is not OTCBB
market is not ETF
close is between 5 and 20
volume > 1000000
Average Volume(30) > 5000000
optionable
]



snappyfrog
731 posts
msg #146338
Ignore snappyfrog
1/30/2019 10:24:05 PM

A little better results:

Fetcher[
/* long open, take profit at 10% or cover at close */
/*alteration of KSK8 filter*/
/*https://www.stockfetcher.com/forums/General-Discussion/1-600-with-only-42-trades/146107/10*/

set{x1, average true range(1)}
set{x2, CEMA(x1, 14)}
set{x3, x1 / x2}
set{x4, high - open}
set{x5, x4/open }
set{x6, count(x5 > .02 , 100)}
set{x7, count(close > 0.1,1)}
set{x8, count(close < 100,1)}
set{x9, count(volume > 1000000,1)}
set{x10, count(rsi(2) < 5,1)}
set{x11, count(close is 10% above open,1)}
set{x12, count(x6 > 80,1)}
set{x13, x7*x8}
set{x14, x13*x9}
set{x15, x14*x10}
set{x16, x15*x11}
set{x17, x16*x12}
set{x18, count(x3 > 3,1)}
set{final, x17*x18}

final < 1.9
add column final


market is not OTCBB
market is not ETF
close is between 5 and 20
volume > 1000000
Average Volume(30) > 5000000
optionable
close > EMA(8)
]



KSK8
561 posts
msg #146352
Ignore KSK8
1/31/2019 2:10:10 PM

Snappy,

I appreciate the attempt you made to inverse the system but the original shorting system is based purely upon psychological factors that hold no correlation to the inverse long version. Fear is stronger than greed. FOMO traders will dump shares faster in fear then buy shares quicker with greed. Nevertheless, if it works for you then fantastic! I wouldn't understand why because from my standpoint, I view the bear version of this working because of a psychological phenomenon that transpires under the criteria.

However, if you are one the several waiting for my killer long system that I plan to post, then fear not, it will be out soon!

snappyfrog
731 posts
msg #146355
Ignore snappyfrog
1/31/2019 2:33:32 PM

I just like dissecting filters and seeing if I can make them work both ways and if there is truly any value. You are correct that stocks fall faster than they climb normally. But, I like to be able to make money in any market.

I am not one that is "looking forward" to your long filters, but will gladly pick it apart to see if there is anything I can use that fits my style of of swing trading stocks and options.

KSK8
561 posts
msg #146356
Ignore KSK8
1/31/2019 2:39:06 PM

If you are seeking a profitable filter, then this is not the way to do it especially if you do not understand the components behind it.

You are taking apart a car and trying to make it into an airplane.



StockFetcher Forums · Filter Exchange · KSK8 Alternate Long Filter<< >>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.