StockFetcher Forums · Filter Exchange · add rubber bands to your indicator chart list << >>Post Follow-up
MARY4MONEY
806 posts
msg #82225
Ignore MARY4MONEY
11/1/2009 1:13:14 PM

this measures the degree of stretching from a certain ma-- it appears the 10-20 ma works the best so far--i use a 20 ma-- here is the indicator----- set{rb,close/ma(20)} and add column rb-- the 20 ma would be 1.0----so a reading of 0.85 would be 15% below the ma 20 and a reading of 1.15 would be 15% above the ma 20-- the indexes typically will range from 0.94-1.06 on the daily rsi-2 and 0.90 to 1.10 on the weekly rsi-2--for shorting you want the highest rb with the highest rsi-2- and the inverse for the bottom ----you will get your best moves up from bottoms with the lowest rb--rsi-and highest-- x%(set{x%,weekly atr(8)/weekly ma(8)} and add column x%) on the jul 10 -09 bottom of the weekly rsi-2 lvs x% was 0.18 weekly rsi-2 at 4.4% and the rb was at 0.90- its up 120% from that point--

tmanbone
124 posts
msg #82227
Ignore tmanbone
modified
11/1/2009 1:24:37 PM

Great M4M, Thanks; Chetron help! :-)

chetron
2,817 posts
msg #82230
Ignore chetron
modified
11/1/2009 2:26:38 PM

this measures the degree of stretching from a certain ma-- it appears the 10-20 ma works the best so far--i use a 20 ma-- here is the indicator----- set{rb,close/ma(20)} and add column rb-- the 20 ma would be 1.0----so a reading of 0.85 would be 15% below the ma 20 and a reading of 1.15 would be 15% above the ma 20-- the indexes typically will range from 0.94-1.06 on the daily rsi-2 and 0.90 to 1.10 on the weekly rsi-2--for shorting you want the highest rb with the highest rsi-2- and the inverse for the bottom ----you will get your best moves up from bottoms with the lowest rb--rsi-and highest-- x%(set{x%,weekly atr(8)/weekly ma(8)} and add column x%) on the jul 10 -09 bottom of the weekly rsi-2 lvs x% was 0.18 weekly rsi-2 at 4.4% and the rb was at 0.90- its up 120% from that point--

Fetcher[
/* WHAT HE DID */

set{rb,close/ma(20)}
set{x%,weekly atr(8)/weekly ma(8)}
set{var1a,rb 21 day high 1 day ago}
set{var1b,rb 21 day low 1 day ago}
set{var1,count(rb above var1a,1)}
set{var2,count(rb below var1b,1)}
set{var3,count(weekly rsi(2) below 5,1)}
set{var4,count(weekly rsi(2) above 95,1)}
set{var5,count(rsi(2) below 5,1)}
set{var6,count(rsi(2) above 95,1)}

set{var7,var2 * var3}
set{var8,var1 * var4}
set{vshort,var8 * var6}

draw weekly rsi(2)
draw rsi(2)
draw rb

weekly rsi(2) below 5
x% above .05

sort column 5 descending

]

chetron
2,817 posts
msg #82231
Ignore chetron
modified
11/1/2009 2:34:18 PM

though i like lvs on 28 oct 09...........

Fetcher[
/* WHAT HE SAID */

set{rb,close/ma(20)}
set{x%,weekly atr(8)/weekly ma(8)}
set{var1a,rb 21 day high 1 day ago}
set{var1b,rb 21 day low 1 day ago}
set{var1,count(rb above var1a,1)}
set{var2,count(rb below var1b,1)}
set{var3,count(weekly rsi(2) below 25,1)}
set{var4,count(weekly rsi(2) above 75,1)}
set{var5,count(rsi(2) below 25,1)}
set{var6,count(rsi(2) above 25,1)}

set{var7,var2 * var3}
set{var8,var1 * var4}
set{vshort,var8 * var6}

draw weekly rsi(2)
draw rsi(2)
draw rb

close above .1
volume above 10000000
x% above .15
vplays above .5
do not draw vplays
sort column 5 descending

]

Kevin_in_GA
4,599 posts
msg #82233
Ignore Kevin_in_GA
11/1/2009 3:11:30 PM

Ever hear of Bollinger Bands? Same idea as M4M's rubber bands - the farther the stock price moves from the MA (in standard deviations from the MA for Bollinger Bands) the more likely it is to return toward the MA.

107 posts
msg #82260
11/2/2009 8:14:18 AM

M4M: Your much touted game website wallstreet survivor does not let you play index options...that kinda sux...

 tmanbone124 postsmsg #82300- Ignore tmanbone 11/3/2009 12:05:21 AMThanks Chetron!
chetron
2,817 posts
msg #82307
Ignore chetron
11/3/2009 8:35:47 AM

YOU ARE VERY WELCOME, tmanbone

 StockFetcher Forums · Filter Exchange · add rubber bands to your indicator chart list << >>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.