StockFetcher Forums · Filter Exchange · Price Coming Off of a PVI Low<< 1 2 3 4 5 >>Post Follow-up
snappyfrog
653 posts
msg #152036
Ignore snappyfrog
5/3/2020 5:25:09 AM

I've been playing with NVI (negative volume index) and PVI (positive volume index) for a few days. This is the best I've come up with so far, but I am sure someone can help make this a better filter.

PVI, better known as "retail traders", "FOMO" traders or "dumb money traders" typically rises while NVI "industrial traders" are selling off. I looked at several "lows" of the PVI and my sweet spot came up as the 22 day low line.

When PVI starts rising off of the 22 day PVI low then runs typically go from 2 days to 60 days or more. As a swing trader of stocks and options, this is exactly the type of setup I like.

Help me make this better!



Fetcher[
market is not otcbb
market is not etf
price > 3
optionable
average Volume(30) > 5000000

draw pvi 22 day low on plot pvi
set{pvi_22, count (pvi equals pvi 22 day low, 1)}
pvi_22 1 day ago > .99
pvi_22 < .99

add column separator
add column sector
add column industry
add column separator
add column RSI(7)
add column RSI(14)
add column RSI(21)
add column separator
add column R1
add column R2
add column S1
add column S2
]



sandjco
648 posts
msg #152040
Ignore sandjco
5/3/2020 11:25:02 AM

Thanks for sharing snappy!

BTW, what is the R1, R2 and S1 and S2? SF auto calculates support and resistance?

Also, I find using the "optionable" lingo seems to be a hit or miss...maybe it is just me...

Here is my snappy inspired take on the filter..
Fetcher[
market is not otcbb
market is not etf
price > 3
optionable
average Volume(30) > 5000000

draw pvi 22 day low on plot pvi

set{pvi_22, count (pvi equals pvi 22 day low, 1)}

set{x1, count(pvi_22 1 day ago > .99,1) * count(pvi_22 < .99,1)}
set{x2, count(Stochastic %K(40,40,4) < 30,1) * count(Stochastic %D(40,40,4) < 30,1)}
set{x3, count(rsi(2) crossed above rsi(7),1)}
set{x4, x1 * x2}
set{x5, x3 * x4}

add column x5 > 0

add column rsi(2)
add column separator
add column sector
add column industry
add column separator
add column RSI(7)
add column RSI(14)
add column RSI(21)
add column separator
add column R1
add column R2
add column S1
add column S2
]



snappyfrog
653 posts
msg #152046
Ignore snappyfrog
5/4/2020 8:26:40 AM

Yes, SF support and resistance.

snappyfrog
653 posts
msg #152119
Ignore snappyfrog
5/9/2020 10:01:49 AM

Here is another PVI filter I am playing with at this time. Thoughts or suggestions welcome.

Fetcher[
market is not OTCBB
market is not ETF
price > 3
Average Volume(30) > 2000000
optionable

draw ema(13)

and set{NVI_UP, count (NVI > CMA(NVI,22),1)}
and draw NVI_UP
and set{PVI_UP, count (PVI > CMA(PVI,22),1)}
and draw PVI_UP
and set{PVI_run, count (PVI > PVI 1 day ago,1)}
and draw PVI_run
and PVI_run > .99
and PVI_run 1 day ago > .99

and set{N_1, count (NVI_UP > .99, 1)}
and set{P_1, count (PVI_UP > .99, 1)}
and set{NP_2, N_1 + P_1}
and add column NP_2
and draw obv
and draw Slow Stochastics Fast %K(10) < 70
and Slow Stochastics Fast %K(10) > Slow Stochastics Fast %K(10) 1 day ago

add column separator
add column R1
add column R2
add column S1
add column S2
]




snappyfrog
653 posts
msg #152120
Ignore snappyfrog
5/9/2020 10:45:50 AM

Original filter on this post, updated:

Fetcher[
market is not otcbb
market is not etf
price > 3
optionable
average Volume(255) > 3000000

draw pvi 22 day low on plot pvi
set{pvi_22, count (pvi > pvi 22 day low, 1)}
pvi_22 1 day ago < .99
pvi_22 > .99
and draw obv
draw Slow Stochastics Fast %K(10,3) < 50
add column separator
add column sector
add column industry
add column separator
add column RSI(7)
add column RSI(14)
add column RSI(21)
add column separator
add column R1
add column R2
add column S1
add column S2
]



Cheese
1,374 posts
msg #152125
Ignore Cheese
5/9/2020 1:31:38 PM

@snappyfrog and @kossvet

Thanks for sharing
There may be mutual benefits from your combined contributed ideas, e.g.

Fetcher[
symlist(GNPX,TORC,TRIL) /* kossvet */
chart-time 24 months

draw pvi 22 day low on plot pvi /* snappyfrog */
draw pvi line at 0.99
]




snappyfrog
653 posts
msg #152130
Ignore snappyfrog
5/9/2020 7:53:57 PM

Thanks Sandjco and Cheese! Always love how you guys can take something and add new twists.

snappyfrog
653 posts
msg #152131
Ignore snappyfrog
5/9/2020 8:01:20 PM

I have been playing some penny stocks as they have been having much better % gains of late. This one I got in at 0.19 and is at 0.25 now. PVI looks to be turning up again. I tend to look at up to 30 day trades on these pennies.



snappyfrog
653 posts
msg #152132
Ignore snappyfrog
5/9/2020 8:04:41 PM

I got in RIG on May 1st, 3 days after the signal.



kossvet
147 posts
msg #152133
Ignore kossvet
5/9/2020 8:54:34 PM

Thanks for the call out Cheese.
Snappyfrogs filter definitely should be incorporated in Xarlors filter which I have modified.
I did my DD with GNPX, TRIL.
TORC is a quick trade, take your profit when the run-up starts to wane.
I see GNPX being bought out. It's easy for me to hold a decent position when you have faith in the technology.
I bought another 1000 shares bringing my total to 11K
I also have 5k shares of Sava that I bought at $1.88
Again, their technology is cutting edge, and potentially life changing.
Day trading for me is very difficult. Win some Lose some.
I would rather research the stocks that Xarlors filter highlights.
Then research them thoroughly.
Then hold for a fair amount of time.
Robert


StockFetcher Forums · Filter Exchange · Price Coming Off of a PVI Low<< 1 2 3 4 5 >>Post Follow-up

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