StockFetcher Forums · Filter Exchange · found a very simplw way to find good breakouts from any pattern<< 1 2 3 >>Post Follow-up
MARY4MONEY
806 posts
msg #85540
Ignore MARY4MONEY
1/4/2010 10:15:53 PM

just include with you daily rsi(2) in your filter the rsi(2) 1 day ago-- then- hit this one on your filter when it comes up to the lowest rsi(2) s- then look at today rsi(2) and look for extreme moves from yesterdays rsi(2) s or you can just say rsi(2) below 20 1 day ago- this will give you all the stocks that have broken out--this will also give you good weekly macd(2,3,1) breakouts with goog up sharpe angel on you weekly rsi(2) also

straken
469 posts
msg #85543
Ignore straken
modified
1/4/2010 10:43:06 PM

Why not add.....
2 day slope of RSI(2) > 8

also works with weekly rsi2

I use this in several of my filters to measure the pressure of the RSI2. Higher the slope, the more buying pressure.
Just a thought....Let me know what you think.

mktmole
325 posts
msg #85558
Ignore mktmole
1/5/2010 11:04:28 AM

how about...

Fetcher[set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column pctchg
draw oldrsi
draw newrsi
pctchg > .1

and 2 day slope of RSI(2) > 8
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg

and price between 2 and 60
and average volume(15) > 750,000
and sort by column 8 descending
]



...with thanks to cegis from 2004

mm

straken
469 posts
msg #85562
Ignore straken
1/5/2010 12:49:34 PM

Very nice, just adding a few things. Might have to backtest this later, but back up and look at the returns of the higher adx with a very powerfull weekly rsi slope.

Fetcher[
set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column pctchg
add ADX(14)
draw oldrsi
draw newrsi
pctchg > .1

and 2 day slope of weekly RSI(2) > 55
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg
and add column 2 day slope of weekly RSI(2) {2d_wrsi2}
and price between 2 and 250
and average volume(15) > 750,000
and sort by column 9 descending
]



traderseb
36 posts
msg #85621
Ignore traderseb
1/6/2010 6:54:13 AM

Interesting filters but you have a variable that is undefined. Run Debug.

"2daypctchg" is defined by the set statement

"pctchg" is not defined and therefore cannot be > .1

chetron
2,817 posts
msg #85623
Ignore chetron
modified
1/6/2010 7:42:23 AM

DOES THIS MAKE SENSE?????


Fetcher[
set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column 2DAYpctchg
draw oldrsi
draw newrsi
2DAYpctchg > .1

and 2 day slope of RSI(2) > 8
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg

and price between 2 and 60
and average volume(15) > 750,000
and sort by column 8 descending
]



OR THIS......


Fetcher[

set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column 2DAYpctchg
add COLUMN ADX(14)
draw oldrsi
draw newrsi
2DAYpctchg > .1

and 2 day slope of weekly RSI(2) > 55
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg
and add column 2 day slope of weekly RSI(2) {2d_wrsi2}
and price between 2 and 250
and average volume(15) > 750,000
and sort by column 9 descending

]



MARY4MONEY
806 posts
msg #85641
Ignore MARY4MONEY
1/6/2010 12:17:53 PM

this seems to work with incredible results-- look what you could of done on the options--stock is optionable and average volume(50) above 1000000 and set{d5,atr(5)/ma(5)} and set{dd5,d5*100} and add column dd5 and and set{pro,weekly atr(8)/weekly ma(8)} and CLOSE ABOVE 4 and close above ma(200)and close below ma(50)and close more than 2% below ma(50) and rsi(2) below 20 and pro above 0.075---------------------------------------Performance results for your filter covering the dates:
Thursday December 31, 2009 to Wednesday January 6, 2010

Change Offset
<< Week · Day Previous Next Day · Week >>
Results For Next... Overall Adv(%) Dec(%) Adv vs Dec Unch IXIC(%) DJIA(%)
1 Day +5.55% 21 (+5.55%) 0 (n/a)
0 +1.73% +1.50%
2 Days +9.09% 21 (+9.09%) 0 (n/a)
0 +1.74% +1.38%
3 Days +10.55% 21 (+10.55%) 0 (n/a)
0 +1.74% +1.38%
Current +10.55% 21 (+10.55%) 0 (n/a)
0 +1.74% +1.38%
21 matching stocks

picked off lvs mtw mgm jrcc joyg and wynn- they all would of given you 300-2000% gains in 3 days-- lvs jan call is at 0.15 now a big buy-- i got the lvs 17.5 calls for 0.05 last hturdays which is happy friday- they are now .1$

straken
469 posts
msg #85648
Ignore straken
1/6/2010 1:32:10 PM

chetron
1/6/2010 7:42:23 AM


Chetron,
How would you write the code for lets say 2 day slope of RSI(2) making a 30 day low?

chetron
2,817 posts
msg #85649
Ignore chetron
1/6/2010 1:53:07 PM

how about...

Fetcher[


set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column 2DAYpctchg
add COLUMN ADX(14)
draw oldrsi
draw newrsi
2DAYpctchg > .1

and 2 day slope of weekly RSI(2) > 55
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg
and add column 2 day slope of weekly RSI(2) {2d_wrsi2}
and price between 2 and 250
and average volume(15) > 750,000
and sort by column 9 descending

set{var1,2 day slope rsi(2)}
var1 reached new 30 day low

]




for testing...

Fetcher[


set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column 2DAYpctchg
add COLUMN ADX(14)
draw oldrsi
draw newrsi
2DAYpctchg > .1

and 2 day slope of weekly RSI(2) > 55
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg
and add column 2 day slope of weekly RSI(2) {2d_wrsi2}
and price between 2 and 250
and average volume(15) > 750,000
and sort by column 9 descending

set{var1,2 day slope rsi(2)}
var1 reached new 30 day low within last 30 day

]



karennma
8,057 posts
msg #85659
Ignore karennma
1/6/2010 4:12:51 PM

M4M:
I copied that 2nd filter you posted ...
stock is optionable and average volume(50) above 1000000 and set{d5,atr(5)/ma(5)} and set{dd5,d5*100} and add column dd5 and and set{pro,weekly atr(8)/weekly ma(8)} and CLOSE ABOVE 4 and close above ma(200)and close below ma(50)and close more than 2% below ma(50) and rsi(2) below 20 and pro above 0.075

I only got one pic ... DDR @ 8.98

Anyone else try that filter?


StockFetcher Forums · Filter Exchange · found a very simplw way to find good breakouts from any pattern<< 1 2 3 >>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.