StockFetcher Forums · Filter Exchange · Need Help - Buy the Dip<< >>Post Follow-up
sixerwrong@gmail.com
12 posts
msg #148877
Ignore sixerwrong@gmail.com
8/14/2019 4:49:59 AM

Hello to all,
i'm new to trading and was wondering if someone could help me out. I wish for 2 filters:

1. to buy the dip on long term uptrend
2. to sell the correction on a long term downtrend

thanks in advance
kris

four
5,087 posts
msg #148886
Ignore four
modified
8/14/2019 9:56:45 AM

The Guide is here:
https://www.stockfetcher.com/help/?id=100379

1. DIP

What do you consider a long trend?
What do you consider a dip?
What will be your EXIT for a profit?
What will be your EXIT for a loss?
Will you pyramid on the original trade?

Here is somewhere to start... modify as you need...




KSK8
371 posts
msg #148887
Ignore KSK8
8/14/2019 10:13:47 AM

This might be something you'd like;

Fetcher[
set{x1, count(close > ma(200),1)}
set{x2, count(rsi(4) crossed below 25,1)}
set{buy, x1*x2}
set{sell, count(rsi(4) crossed above 55,1)}

buy > 0

draw buy
draw sell
draw rsi(4) line at 25
draw rsi(4) line at 55


market is NASDAQ
average volume(30) > 1000000
close > 15

]


Buy on the close & sell when RSI(4) crosses above 55


credit; Larry Connor's book

karennma
7,341 posts
msg #148893
Ignore karennma
modified
8/14/2019 1:06:19 PM

Hi Four<
I like that 10/50 Xover, but I can't write the filter for it. (NO surprise there!)

show stocks where wma(10)crossed below wma(50) in the last 2 days
chart-time 15 days

What's the problem?
(I know in some scripts you can use ",1" to specify in the last ONE day.)


four
5,087 posts
msg #148895
Ignore four
modified
8/14/2019 1:51:54 PM

karennma,


show stocks where wma(10) crossed below wma(50) within the last 2 days
chart-time 15 days
set{cross, count(wma(10) crossed below wma(50),1)}
draw cross

----------------
The filter below is in the image I posted above... it is not the same as you were identifying in your previous post. This filter is a close cross over of ma50.. it is not a ma10 cross over of ma50. And the ma10 is above ma50 for many days before the close cross over of ma50.

Fetcher[
low > 20
volume > 321321
count(MA(10) above MA(50),60) is above 58
close crossed above ma(50)
]



sixerwrong@gmail.com
12 posts
msg #148908
Ignore sixerwrong@gmail.com
8/15/2019 11:20:47 AM

hi all...first of all thank you for the immediate replies...i'm very new to this and still learning...i did not quite understand the filters posted (still have to learn alot :) )....i wanted something like this:

close 2 days ago crossed above MA(50)
and close 1 day ago is above close 2 days ago
and MA(50) is above MA(100)
and MA(100) is above MA(150)
and MA(150) is above MA(200)

did i write it good and is this a good filter for searching dips in uptrends?

thanks again
kris

four
5,087 posts
msg #148917
Ignore four
modified
8/15/2019 3:53:34 PM

sixer,

Almost any filter that follows the trend works until it doesn't.

In other words, How will you handle the taking of gains and taking of losses? What percent of the portfolio is each stock allowed to represent?

If you only trade a trend that goes up... are you going to sit for possibly months or years not trading during a recession when the trend is down... or will you trade both sides of the market?

Many forget that there are times when the trend is neither up or down and just floats sideways. What will you do then?

Thus, There are three trends and only being able to play one of them is a recipe for frustration and losses when the other two present themselves.



sixerwrong@gmail.com
12 posts
msg #148957
Ignore sixerwrong@gmail.com
8/20/2019 3:32:24 AM

yeah im still learning...right now i'm ok in buying on uptrend and sell on downtrend. still learning consolidation as i had some false signals :(

mahkoh
1,059 posts
msg #148959
Ignore mahkoh
8/20/2019 5:02:16 AM

http://www.stockfetcher.com/forums2/Filter-Exchange/BUYING-THE-DIP/113409/-1/113409

StockFetcher Forums · Filter Exchange · Need Help - Buy the Dip<< >>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 2018 - 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