ehansen6
28 posts
msg #66699
- Ignore ehansen6 |
8/26/2008 11:16:03 PM
TRO,
I've been reading a tone of forums and kreslik and have been looking at how you set up buy zones, but I wonder about the end of week RFR filter. I'm not allowed to day trade so i'd have to swing trade so I'm really looking at this, but I'm trying to figure out how to set up the buy zones on a weekly basis.
Thanks
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TheRumpledOne
6,411 posts
msg #66703
- Ignore TheRumpledOne
modified |
8/27/2008 2:32:55 AM
EHANSEN:
I can tell you are eager... but settle down
The BUY ZONE has NOTHING to do with RUN FOREST, RUN stocks.. NOTHING AT ALL.
You need to decide what ONE METHOD you want to use and pick ONE STOCK to trade using that method.
If you want to trade the BUY ZONE, that's day trading.
RFR FOREST, RUN stocks are the 10% poppers.
The swing trade filter I posted in here is for people who can't day trade. All you have to do is run it over the weekend. Pick one, two or three of the top stocks. Buy at the open on Monday and then enter your Sell limit order for 1% more than you paid. It is simple. No charts to watch.
And if you are worried about a stop loss, then use good money management and position sizing.
Do you realize if you take $1,000 and compound it by 1% a week what happens in a year? About a 67% return on your money!! Not bad for just running a filter once a week and spending a few minutes entering your orders.
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mystiq
650 posts
msg #66708
- Ignore mystiq |
8/27/2008 7:20:08 AM
Thanks for the great filters....ONE question please:
what is the difference or advantage to using WEEKLY instead of DAILY periods with
RSI(2) , WILLIAMS %R(2) & CCI(2) indicators.
I am working on a filter that promises alot......will post it when i can properly test AND profit from it.
Thx
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TheRumpledOne
6,411 posts
msg #66712
- Ignore TheRumpledOne |
8/27/2008 10:35:42 AM
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TheRumpledOne
6,411 posts
msg #66714
- Ignore TheRumpledOne |
8/27/2008 10:40:47 AM
Thanks for the great filters....ONE question please:
what is the difference or advantage to using WEEKLY instead of DAILY periods with
RSI(2) , WILLIAMS %R(2) & CCI(2) indicators.
I am working on a filter that promises alot......will post it when i can properly test AND profit from it.
=========================================================================
You're welcome. Please feel free to ask questions. Many folks here are more than happy to help.
Weekly vs. Daily.
Weekly is bigger picture. So, you'll get larger moves.
Just remember, it's NOT THE FILTER.... you still have to TRADE the stocks.
Adjust your filter to the TRADE method you are using.
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mystiq
650 posts
msg #66724
- Ignore mystiq |
8/27/2008 9:11:40 PM
thanks TRO
i agree..i plan on trading bottoms and tops only on optionable stocks and penny stocks...
so far the likely filters i like are rsi2 cci2 w%r2....can you provide one more for backup?
-mystiq
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TheRumpledOne
6,411 posts
msg #66728
- Ignore TheRumpledOne |
8/27/2008 11:18:06 PM
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TheRumpledOne
6,411 posts
msg #66729
- Ignore TheRumpledOne |
8/27/2008 11:19:50 PM
thanks TRO
i agree..i plan on trading bottoms and tops only on optionable stocks and penny stocks...
so far the likely filters i like are rsi2 cci2 w%r2....can you provide one more for backup?
-mystiq
==============================================================
The RUN FOREST, RUN filters are the ONLY filters you need.
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mystiq
650 posts
msg #66735
- Ignore mystiq |
8/28/2008 7:13:59 AM
....morning TRO-
can you help me to code some indicators for DIVERGENCE:
how would you code COG(5,3) , RSI(2) , WILLIAMS %R(2) & PROJECTION OSCILLATOR(14) -or- (2) for
price DIVERGENCIES ?
...would it include using the syntax "increased/decreased 1 day ago" or "INDicator is above/below INDicator 1 day ago"
...any tips on how to spot divergencies & tops/bottoms would be grateful ;-}
ONE more question :-) does SF have the VOL by PRICE indicator ->I cannot find it
Thx again....
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mystiq
650 posts
msg #66736
- Ignore mystiq |
8/28/2008 7:15:59 AM
the RUN FORREST RUN filters are new to me...can you post them again......thx
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