| StockFetcher Forums · Filter Exchange · long : rsi(14) equals 0 | << >>Post Follow-up |
| four 5,087 posts msg #101215 - Ignore four |
6/12/2011 12:02:29 AM |
| lillian 26 posts msg #101219 - Ignore lillian |
6/12/2011 3:35:35 PM four - why is the volume not a round number? just curious if you backtested it. |
| four 5,087 posts msg #101222 - Ignore four modified |
6/12/2011 4:50:07 PM 1. volume : honestly. the value is where my fingers "dropped on the keys". -- but i do look for more liquid stocks (nothing under 50,000) 2. backtest : by "eyeball". looked at entry. everyone seems to use a different stop/loss and profit goal. this is not a system, it is a filter HTH |
| Kevin_in_GA 4,599 posts msg #101223 - Ignore Kevin_in_GA |
6/12/2011 5:57:15 PM This is actually why I posted the recent thread on system design. Not trying to be overly critical here, but this is just a filter, with no strategy for exit, no rationale inherent in its construction that I can see, and no backtest data to make me comfortable enough to try it. OK, that did sound overly critical. Sorry. But the points are still valid. If this is of value to others (and I'm assuming it is or there would be no real reason the share it), help others understand WHY they should be interested. |
| jimvin 173 posts msg #101224 - Ignore jimvin |
6/12/2011 6:28:45 PM For what it's worth, as with one's personal philosophy, approach to life, etc. I think each investor needs to develop their own system, using a filter they like as a starting point. Given this filter, I would test it using my trading style for 4 to 6 weeks (especially in this market), adjusting the parameters of the filter and the way in which I played it to see if it can fit into my in-at-open Monday, out-no-later-than Friday-close with a 5% stop-loss trading style. I've tried out more than 300 filters from this site in the last 2 years, some with great success (and considerable profit), some with horrifying results (and - thanks to a 5% stop-loss - acceptable losses). I'm always grateful when someone takes the time and trouble to post a new filter, or an entire system, for experimentation. |
| four 5,087 posts msg #101225 - Ignore four modified |
6/12/2011 7:35:43 PM jimvin and kevin, You both made your individual point eloquently. No sarcasm. Just noticing your noticings and noticing your wonderings. thank you Understanding the Problem: http://mathforum.org/pow/teacher/samples/prealgpow_psc.400.pdf An opinion: http://www.monkeythrowdart.blogspot.com/ (NOTE: Above filter entered June 1, 2011 -- QID) |
| djones000buck 206 posts msg #101452 - Ignore djones000buck |
7/5/2011 11:52:05 AM added some stats just playing around with the filter |
| four 5,087 posts msg #130865 - Ignore four modified |
9/4/2016 5:23:27 PM |
| StockFetcher Forums · Filter Exchange · long : rsi(14) equals 0 | << >>Post Follow-up |