StockFetcher Forums · General Discussion · swing trade scanner<< 1 2 3 >>Post Follow-up
pthomas215
1,251 posts
msg #137590
Ignore pthomas215
8/12/2017 3:37:03 PM

took a swag at it for you shillihs..

Fetcher[ etf

REVERSERSI(2,90) is above LIMITENTRY
ma(200) crossed below LIMITENTRY within the last 2 days
RSI(2) BELOW 10


COUNT(ROC(9,1) BELOW -1,2) ABOVE 1
ROC(50,1) ABOVE 5
CLOSE ABOVE MA(200)


SET{2ATR, 2 * ATR(20)}
SET{ACCOUNTSIZE,25000}
SET{RISKLEVEL, ACCOUNTSIZE*0.005}
SET{LIMITENTRY, MIN(CLOSE,REVERSERSI(2,5))}
SET{SHARESTOBUY1, RISKLEVEL / 2ATR}
SET{SHARESTOBUY, ROUND(SHARESTOBUY1,0)}
SET{POSITIONAMT, LIMITENTRY * SHARESTOBUY}
SET{STOPLOSS, LIMITENTRY - 2ATR}
SET{DIFF, LIMITENTRY - STOPLOSS}
SET{REWARD1, REVERSERSI(2,85) - LIMITENTRY}
SET{R_R, REWARD1 / RISKLEVEL}

ADD COLUMN RSI(2)
ADD COLUMN ROC(9,1) {ROC(9)}
ADD COLUMN ROC(50,1) {ROC(50)}
ADD COLUMN SEPARATOR
ADD COLUMN SHARESTOBUY {SHARES TO BUY}
ADD COLUMN LIMITENTRY {LIMIT ENTRY}
ADD COLUMN REVERSERSI(2,85) {PROFIT TARGET}
ADD COLUMN STOPLOSS {STOP LOSS}
ADD COLUMN R_R {REWARD-TO-RISK}
ADD COLUMN POSITIONAMT {POSITION SIZE IN DOLLARS}

DRAW PRICE LINE AT LIMITENTRY
DRAW PRICE LINE AT REVERSERSI(2,85)
DRAW RSI(2) LINE AT 5
DRAW RSI(2) LINE AT 85
DO NOT DRAW ROC(9,1)
DO NOT DRAW ROC(50,1)
SORT ON COLUMN 5 DESCENDING
CHART-TIME IS 3 MONTHS
]



shillllihs
6,045 posts
msg #137601
Ignore shillllihs
8/12/2017 8:38:26 PM

This may or may not be exactly what I was looking for but am I wrong in saying this looks pretty wonderful? Nice job PT.

pthomas215
1,251 posts
msg #137602
Ignore pthomas215
8/12/2017 8:59:30 PM

Thank you. you are not wrong--I think it's good. If you go back a couple weeks it seems to catch the ETF right before spiking. Thanks for being observant on the timing of spike, as this should beat 1-2%.

shillllihs
6,045 posts
msg #137603
Ignore shillllihs
modified
8/12/2017 9:30:09 PM

Looking at it the only problems might be not as many hits as I thought and volume is low but not terrible.
If you remove etf you can control risk by buying a basket and keeping them small.



pthomas215
1,251 posts
msg #137605
Ignore pthomas215
8/12/2017 10:59:20 PM

indeed.that is a fair observation. buying a basket seems to work well..

shillllihs
6,045 posts
msg #137660
Ignore shillllihs
8/15/2017 12:48:53 PM

Upon further investigation, these don't work the way I thought. I get it now.

jeter1973
10 posts
msg #137712
Ignore jeter1973
8/17/2017 8:43:19 PM

What modifications should I make to include only stocks under $20 regardless of market?

pthomas215
1,251 posts
msg #137713
Ignore pthomas215
modified
8/17/2017 9:09:04 PM

Derek, try this...


Fetcher[
close < 20
average day range(10) > 2

COUNT(ROC(9,1) BELOW -1,2) ABOVE 1
ROC(50,1) ABOVE 5
CLOSE ABOVE MA(200)
RSI(2) BELOW 15

SET{2ATR, 2 * ATR(20)}
SET{ACCOUNTSIZE,25000}
SET{RISKLEVEL, ACCOUNTSIZE*0.005}
SET{LIMITENTRY, MIN(CLOSE,REVERSERSI(2,5))}
SET{SHARESTOBUY1, RISKLEVEL / 2ATR}
SET{SHARESTOBUY, ROUND(SHARESTOBUY1,0)}
SET{POSITIONAMT, LIMITENTRY * SHARESTOBUY}
SET{STOPLOSS, LIMITENTRY - 2ATR}
SET{DIFF, LIMITENTRY - STOPLOSS}
SET{REWARD1, REVERSERSI(2,85) - LIMITENTRY}
SET{R_R, REWARD1 / RISKLEVEL}

ADD COLUMN RSI(2)
ADD COLUMN ROC(9,1) {ROC(9)}
ADD COLUMN ROC(50,1) {ROC(50)}
ADD COLUMN SEPARATOR
ADD COLUMN SHARESTOBUY {SHARES TO BUY}
ADD COLUMN LIMITENTRY {LIMIT ENTRY}
ADD COLUMN REVERSERSI(2,85) {PROFIT TARGET}
ADD COLUMN STOPLOSS {STOP LOSS}
ADD COLUMN R_R {REWARD-TO-RISK}
ADD COLUMN POSITIONAMT {POSITION SIZE IN DOLLARS}

DRAW PRICE LINE AT LIMITENTRY
DRAW PRICE LINE AT REVERSERSI(2,85)
DRAW RSI(2) LINE AT 5
DRAW RSI(2) LINE AT 85
DO NOT DRAW ROC(9,1)
DO NOT DRAW ROC(50,1)
SORT ON COLUMN 5 DESCENDING
CHART-TIME IS 3 MONTHS
]



StockFetcher Forums · General Discussion · swing trade scanner<< 1 2 3 >>Post Follow-up

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