StockFetcher Forums · Filter Exchange · Its not the Holy Grail, but after trading this strategy you should be able to afford your own.<< >>Post Follow-up
169 posts
msg #54757
Ignore betyerbottomdollar
9/12/2007 9:52:53 PM

I am a huge fan of trading the Investors Business Daily 100 and have spent more hours than I have fingers and toes researching multitudes of strategies for this wonderful list of top stocks. I have nine great filters (with the crummiest returning 81% winners with 86% ROI in the last year), but this one is the best I have come up with so far.

For one year ending 12 Sept, 2007:

Trade Statistics
There were 14 total stocks entered. Of those, 12 or 85.71% were complete and 2 or 14.29% were open.
Of the 12 completed trades, 11 trades or 91.67%resulted in a net gain.
Your average net change for completed trades was: 8.96%.
The average draw down of your approach was: -4.15%.
The average max profit of your approach was: 14.17%
The Reward/Risk ratio for this approach is: 11.76
Annualized Return on Investment (ROI): 415.11%, the ROI of ^SPX was: 13.03%.

I know, only 14 stocks...but that is a guaranteed winner once a month! In fact, the one losing stock rocketed up after only just passing my stop loss.

Narrow 45-day Channel (All)
and close crossed below EMA(20)

(sorry, don't know how to make it clickable)

and of course, "apply to watchlist(IBD100september7)"

I had both stops set at 10% for that one. Pretty simple, really...buys good stocks pulling back on a strong uptrend.

Those two lines of code represent lots of staring at my computer...days lots, weeks even. I hope someone can use it!

259 posts
msg #54760
Ignore corsino
9/12/2007 11:09:33 PM


Fetcher[Filter Code]

12,036 posts
msg #54767
Ignore johnpaulca
9/13/2007 9:12:33 AM

Fetcher[Narrow 45-day Channel
and close crossed below EMA(20)

44 posts
msg #54775
Ignore danv83
9/13/2007 8:09:33 PM

betyer, try this one out on your ibd list.
i tested it on the ibd200 and it seems to make for a lot more opportunities.

Fetcher[ bollinger width below .2
close crossed above parabolic sar

169 posts
msg #54811
Ignore betyerbottomdollar
9/15/2007 9:58:23 AM

Hey that's a good one! What exit strategy do you use?

Here is another one you can try...just simple Directional Movement filter.

Fetcher[Show stocks where +DI(14) crossed above -DI(14) within the last 1 day]

485 posts
msg #54834
Ignore guru_trader
9/16/2007 3:58:27 AM

Having some fun with it ...
and set{cnt_cpsar,count(close > parabolic sar,1)}
and draw cnt_cpsar
and cnt_cpsar > 0

and set{bbw1,bollinger width(20)}
and bbw1 < bbw1 1 day ago
and draw bb1

/* exit */
and set{x, close 15 day high}
and set{y, atr(10) * 2}
and set{closechand, x minus y}
and market is nasdaq
and draw closechand on plot price

and close > closechand

169 posts
msg #54835
Ignore betyerbottomdollar
9/16/2007 11:03:14 AM

Um...What did that do?
I played around with it and got 57% win with ROI of 76% using IBD100, but I am not sure what it is filtering for or how it exits.

Now, ol Casey here hain't the sharpest spoon in the shed and my third-grade education (the national equivalent to a Texas high school diploma) seems to limit my perfunctory edificational abilities. Can you tell me how that filter works, oh great guru-trader?

Try this one, boysngirls:

Close crossed below EMA(20)

and EMA(50) increasing for the last 10 Days
and EMA(25) increasing for the last 20 Days

apply to watchlist(september14)


Close crossed above Upper Bollinger Band(20,2)

I usually do it for a year since lots of the IBD100 were dancing around dime levels two years ago. Keeps it more relevant.

358 posts
msg #54870
Ignore SFMc01
9/17/2007 5:28:37 PM

Interesting that when this filter is presently applied to all stocks, and not a watchlist, and when offset 40 or 50 days, ... the majority of the stocks are now losses. Just for fun....Could it be a predictor of future problems?

5 posts
msg #55349
Ignore lvaduva
9/28/2007 7:16:53 PM

One quick question...I am new to this forum, and I was wondering how the apply to watchlist(IBD100september7)" works.....any advice as to how I can implement?

169 posts
msg #55359
Ignore betyerbottomdollar
9/29/2007 2:49:46 AM

Ah yes...

I download the Investors Business Daily top 100 stocks every Friday. I then copy and paste all the stocks to a watchlist here on stockfetcher so I can run my filters on them. september7 was the name I gave to that week's watchlist.

hope that helps

StockFetcher Forums · Filter Exchange · Its not the Holy Grail, but after trading this strategy you should be able to afford your own.<< >>Post Follow-up

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