StockFetcher Forums · Filter Exchange · Price Coming Off of a PVI Low<< 1 2 3 4 5 >>Post Follow-up
JoeyVinyl
120 posts
msg #152447
Ignore JoeyVinyl
6/4/2020 12:31:25 PM

@snappyfrog

I wasn't sure about those conditions so I cut them out, but here is an updated version with them back in. You did have two different Average Volume(30) in there, one for 500,000 and one for 5,000,000. I didn't get any hits with the second one so I left it at the first one, but you can always just add or remove the extra 0 if you want to change it.

I only got one hit when I ran the cleaned up version at 12:30 this afternoon, GILD. I know that SF doesn't work well on intraday info but I do see different hits on my filters when I run them during the day as opposed to when I run them after the market closes.

Anyway, here's the one with two lines added back in:
Fetcher[

set {ema_13, count(close > EMA(13), 1)}
set {obv_up, count(OBV > OBV 1 day ago, 1)}
set {pvi_22, count(PVI > PVI 22 day low, 1)}
set {sum1, ema_13 + obv_up}
set {sum2, sum1 + pvi_22}

market is not otcbb
market is not etf
optionable
price is > 5
/*price is between .1 and 3*/
/*apply to industry(biomedical)*/
Average Volume(30) > 5000000
sum2 > 2.99
PVI < CMA(PVI,22)
+DI(14) > +DI(14) 1 day ago
Slow Stochastics Fast %K(10) > Slow Stochastics Fast %K(10) 1 day ago
Slow Stochastics Fast %K(10) < 70

draw EMA(13)
draw EMA(30)
draw OBV
draw PVI 22 day low on plot PVI
draw Slow Stochastics Fast %K(10) line at 70

add column separator
add column sector
add column industry
add column separator
add column RSI(14)
add column ATR(14)
sort column 10 ascending
]



snappyfrog
309 posts
msg #152480
Ignore snappyfrog
6/4/2020 10:08:56 PM

These are my hits for tomorrow.



Cheese
938 posts
msg #152491
Ignore Cheese
6/5/2020 11:22:59 AM

Many good calls, snappy !

Mansor
62 posts
msg #152508
Ignore Mansor
6/6/2020 2:53:24 PM

@snappyfrog which version of the filter yielded list of tickers on 6/4 at 10pm. Is this a new modified filter based on your previous filter (see below)

market is not otcbb
market is not etf
price > .25
price < 10
optionable
average Volume(255) > 3000000

draw pvi 22 day low on plot pvi
set{pvi_22, count (pvi > pvi 22 day low, 1)}
pvi_22 1 day ago < .99
pvi_22 > .99
and draw obv
draw Slow Stochastics Fast %K(10,3) < 50
add column separator
add column sector
add column industry
add column separator
add column RSI(7)
add column RSI(14)
add column RSI(21)
add column separator
add column R1
add column R2
add column S1
add column S2


snappyfrog
309 posts
msg #152523
Ignore snappyfrog
6/6/2020 6:21:19 PM

This is the filter I used. I still have not cleaned it up yet.

Fetcher[
market is not otcbb
market is not etf
/*price is between .1 and 3
Average Volume(30) > 500000*/
/*apply to industry(biomedical)*/
price is > 5
Average Volume(30) > 5000000
optionable

and draw ema(13)
and draw ema(30)

set{obv10ma, cma(obv,10)}
set{plotobv, obv}
draw plotobv
draw obv10ma on plot plotobv
draw pvi 22 day low on plot pvi
and draw CMA(PVI,22) on plot PVI
/*and pvi < cma(pvi,22)*/

set{ema_13, count (close > ema(13),1)}
set{obv_up, count (plotobv > plotobv 1 day ago, 1)}
set{pvi_22, count (pvi > pvi 22 day low, 1)}
set{sum1, ema_13 + obv_up}
set{sum2, sum1 + pvi_22}
and sum2 > 2.99
and draw ADX(14)
and +DI(14) > +DI(14) 1 day ago
and draw Slow Stochastics Fast %K(10) < 70
and Slow Stochastics Fast %K(10) > Slow Stochastics Fast %K(10) 1 day ago
add column separator
add column sector
add column industry
add column separator
add column RSI(14)
add column ATR(14)
add column Average Volume(30)
sort column 10 ascending
]



Cheese
938 posts
msg #152524
Ignore Cheese
6/6/2020 7:28:35 PM

Thank you snappy for sharing.
Do you by any chance have use for NVI ?


snappyfrog
309 posts
msg #152525
Ignore snappyfrog
6/6/2020 10:44:02 PM

No, I don't use the NVI. I looked at it, but sometimes when the institutions are buying they hold for quite some time. I don't want to be tied up that long. I find I can scalp or get in a 5 day or longer swing trade by getting into the trade soon after the PVI leaves the PVI 22 day low line.

It is a work in progress.

Cheese
938 posts
msg #152528
Ignore Cheese
6/7/2020 2:12:04 AM

@snappy,
Your PVI is quite excellent.
Thank you very much.

snappyfrog
309 posts
msg #152529
Ignore snappyfrog
6/7/2020 7:00:10 AM

I'm glad you like it, thank you.

snappyfrog
309 posts
msg #152530
Ignore snappyfrog
6/7/2020 7:18:32 AM

NVAX

Negative and Positive Volume Index may just be a rabbit hole I've fallen into, but I think that anything that can give me a clue to what is going on in a market / stock is worth exploring.

Here is a 6 month daily chart on NVAX. On the left, you can see that the price had been "flat" in the $4.00 range for quite some time. NVI or institutional buyers had bought the majority of the stock but their buying was falling.

The 2 vertical lines show when there was an uptick in purchasing on the PVI or retail traders. It wasn't a big uptick, but noticeable. But, if you notice the NVI plunged both times. Institutional buyers, or the big guys were selling off to the retail buyers.

As retail traders bought more and more, you see the institutional or NVI line continues to fall. They are happy. Remember, they were buying in the $4 range. They sold most of their holdings in the $9 - $16 range. I'd be happy too.

About March 16, the NVI line begins to flatline. This tells us that institutional buyers are only holding what they want and have dumped the rest for great profits. Retail traders are now selling to each other and feeding the flames as more and more retail traders or PVI jump on the wagon.

From May 8th to 19th the trading between retail traders becomes a feeding frenzy. This chart shows a volume exhaustion (huge volume bar) and then the price tops out and the retail holders have no one to sell to any longer.

I am following the PVI for potential entries. Why? I don't have the information that the institutional or NVI buyer have, so I can't compete with them. However, I can use the PVI or retail trading information to my advantage. If I can jump in the retail trading early enough, I can scalp wins as the price is driven upwards or possibly get some short to longer term swing trades.

Ideally, about March 17th, when the NVI flat lined and PVI was moving upwards was when the real action started. I am not good at getting in at the "ideal" time, but scans are putting me into these trades before the price frenzy begins. As a swing trader, that is all I can hope for in a trade.







StockFetcher Forums · Filter Exchange · Price Coming Off of a PVI Low<< 1 2 3 4 5 >>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


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.