snappyfrog
731 posts
msg #154798
- Ignore snappyfrog |
12/3/2020 11:40:14 AM
This filter works well until I employ the commented out section. I can't figure out why. Any help is appreciated.
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Cheese
1,374 posts
msg #154801
- Ignore Cheese |
12/3/2020 12:54:44 PM
Here we go
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Cheese
1,374 posts
msg #154805
- Ignore Cheese |
12/3/2020 3:50:10 PM
snappy,
Your parentheses should have worked.
Anyway, thank you for the expansion of an existing great filter.
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snappyfrog
731 posts
msg #154807
- Ignore snappyfrog |
12/3/2020 5:49:45 PM
I thought the parentheses would work also. Hmm.
This takes all of my main individual scans and puts them in one place. The objective is this scan becomes my watchlist for penny stocks and for optionable stocks in another scan. I am looking to buy anytime between 2 and 5 signals for swing trades.
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Cheese
1,374 posts
msg #154808
- Ignore Cheese |
12/3/2020 7:59:42 PM
Thanks again, snappy.
To me, your combined filter shows its great value best with stuff like XLE.
A big question for me is still position sizing, money management risk reward
How much can I trust it as a rotation/ reversal signal
How do I know that the trend has truly reversed,
given all the macroeconomic and political headwinds?
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snappyfrog
731 posts
msg #154812
- Ignore snappyfrog |
12/3/2020 9:50:46 PM
We will never know 100%. That is why cutting losses, position sizing, etc is so important. Took me time to learn that. I thought I had the tiger by the tail for a year or so until he turned and bit me.
Lessons well learned.
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Mactheriverrat
3,157 posts
msg #154813
- Ignore Mactheriverrat |
12/3/2020 9:57:50 PM
Using a stop loss sell order can help too.
Depends what your loss tolerance is.
Can be a price crossing below a certain MA or EMA.
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Cheese
1,374 posts
msg #154818
- Ignore Cheese |
12/3/2020 10:28:37 PM
snappy and Mac, THANK YOU.
I am still learning !
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snappyfrog
731 posts
msg #154821
- Ignore snappyfrog |
12/4/2020 6:26:34 AM
To anyone that sees this scan:
Please take note, this is not something you can just plug in and buy the stocks just because it pops up on the scan. I have traded off of each of these signals, except the RSI for a year to five years. I now have them all together in one place to give me a range of a buying area. The real key to the signals is to then understand what the 2 Stochastic oscillators are saying. The oscillators are subjective, meaning you have to look at hundreds if not thousands of charts to really understand what I am seeing. Please don't just run this off the signals, learn the Stochastics.
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