Railwhore
69 posts
msg #44781
- Ignore Railwhore |
6/9/2006 1:45:21 AM
From barchart.com 's technical studies section - so don't flame me if its not so awesome! I apologize of this is already posted here.
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nikoschopen
2,824 posts
msg #44783
- Ignore nikoschopen
modified |
6/9/2006 3:54:03 AM
Railwhore,
First, I would like to inform you that I have no intention of inciting flames against ure filter. I believe this forum can use different filters (as well as oscillators) to everyone's advantage. However, as you are aware, we've had some turbulent times in the market recently and I believe there is no better time than now for testing long filters. I personally believe that a good filter is one that can weather any storm in any time period. A "long" filter shouldn't be applicable only when the general market is experiencing a similar euphoria. Nor should a "short" filter work only in a downtrending market. Whether its a long or short filter, it should and must work in all markets with a varying degree of success. What I mean by a verying degree of success is that not only should a long filter have a higher success rate in a bull market, it should still be viable in the bear market. At the very least, it should shield you from the downside risk even if that means any upside reward may be limited.
Just my 2-cents, of course.
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WALLSTREETGENIUS
983 posts
msg #44798
- Ignore WALLSTREETGENIUS
modified |
6/9/2006 12:12:12 PM
"so don't flame me if its not so awesome!"
_________________
Railwhore -
What....are you kidding?....who in their right mind would flame you? Well...don't answer that. Your filters and insight to this forum are LEGENDARY!!! In fact, I can't wait to dive into this filter. Seeing your post.....was like waking up on Christmas morning and flying to my tree! After I check out "Awesome", I hope you don't mind some Q & A......
Most likely your biggest fan,
- RIGGS -
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TheRumpledOne
6,411 posts
msg #44801
- Ignore TheRumpledOne |
6/9/2006 12:39:56 PM
Railwhore:
That filter uses the MIDDLE: (HIGH + LOW)/2.
I guess I am NOT the only one who saw that pattern.
The diffence is the filter you posted is using the average of the middle, where I just use the middle.
I will have to look at the averages.
Thanks.
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TheRumpledOne
6,411 posts
msg #44802
- Ignore TheRumpledOne |
6/9/2006 12:48:15 PM
Using the close x middle is a faster trigger than using the awesome x signal.
But I guess it depends if you are daytrading vs. swingtrading.
I am just happy that someone else saw value in using the middle.
Thanks again.
MAY ALL YOUR FILLS BE COMPLETE.
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sr7
149 posts
msg #160379
- Ignore sr7 |
6/21/2023 3:00:40 PM
The thing about the Awesome Oscillator is that it's supposed to use the 0 line with Green bars and Red bars above or below the line (depending if the stock is bullish or bearish).
Yahoo Finance has it, you can see it if you click on the interactive charts. Think or Swim also has it.
Stockfetcher can do it but only with Blue bars though; here's the code for it:
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sr7
149 posts
msg #160381
- Ignore sr7 |
6/21/2023 7:43:18 PM
I noticed that there's like over 400 stocks, so what we can do is have it only shows us stocks where the 12MA is crossing above the 50 ma.
And you hold for 20 to 30 days or so (this is all theoretical of course because anything can happen).
stock
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sr7
149 posts
msg #160394
- Ignore sr7
modified |
6/27/2023 4:06:44 PM
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