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Stock Picks and Trading · Discussions for Ed S nibor100 Exploring VE's Profitable Short-Sell Filter
KSK8
msg #151055
3/3/2020 11:59:10 AM

nibor100,

I thought everyone was with the assumption that a long version of the shorting systems were possible. But if you guys are looking for a filter that can be identical to it's results and performance, then heck I'd be rooting for that.

So on the notion of finding 5-day runners, here's a filter that has frequent multi-day gainers. This filter uses volume factors so hopefully, this gives some ideas. Let me know what you think.
Because its an OTC based filter, I would strongly advise against trading it, but see if you can dissect it and find out why it yields stocks that explode. I wouldn't bother backtesting it since the majority are heavy losers.

However, the frequency of multi-day exploders can be emphasized by just in this past month:

BTCY: +360%
TECR: +500%
TOMZ: +847%
HVBTF: +104%
SPSO: +124%
FNHI: +334%
PKLBF: +412%

Fetcher[
market is OTCBB

set{liq, volume*price}
set{x1, count(close > open,1)}
set{x2, count(liq reached a new 13-week high,1)}
set{x3, count(close reached a new 13-week high,1)}
set{x4, count(volume above 200000,1)}
set{x5, count(close < 10,1)}
set{x6, count(close above Upper Bollinger Band(20,2),1)}
set{x7, count(Accumulation Distribution increasing for 1 day,1)}
set{x8, count(Volume is above Volume 1 day ago,1)}
set{x9, count(close is 10% above close 1 day ago,1)}

set{v1, x1*x2}
set{v2, v1*x3}
set{v3, v2*x4}
set{v4, v3*x5}
set{v5, v4*x6}
set{v6, v5*x7}
set{v7, v6*x8}
set{v8, v7*x9}
set{buy, v8*x9}

buy > 0

draw Bollinger Band(20,2)
add column liq{liquidity}


offset is 5
]



Hopefully, this gives some ideas. I really do hope you find something that can perform identically to the results of V.E's filter. I myself would be more than down to trade it.

Stock Picks and Trading · Discussions for Ed S nibor100 Exploring VE's Profitable Short-Sell Filter
KSK8
msg #151043
3/2/2020 5:47:37 PM

A long version of the shorting system will never be successfully created that ends up matching its performance.

I've compiled a list of reasons why the shorting systems work extremely well and why a bullish version of it is impossible to be replicated. When penny stocks experience a huge move up, this why their price often reverses/crashes/plunges:

-Companies exploit their overvaluation by using their stock as currency to purchase less overvalued firms (via dilution)
-Bagholders (previously in losing positions) decide to take their profit and run
-Daytraders who took advantage of the parabolic price early are selling their profits
-Short-sellers taking advantage of the overextension by shorting the stock
-Pump & Dumps
-Panic selling is a thing, and it's very frequent when stocks start to crack after a huge move up
-Arbitrage operations involving convertible bonds, options, pending mergers

These are why a majority of penny stocks that experience an unusual surge in price typically will endure a retracement back to where it started. The lower the shares outstanding, the more of an impact these factors can have on the price, hence why larger companies won't exhibit these behaviors.

As someone who has spent a good deal of time with shorting penny stocks, I strongly doubt any effort to find an inverse for the long side will actually work and perform identically to the shorting systems.

I do acknowledge the aspiration for a long version of the shorting systems considering shorting is more dangerous than buying (especially with volatile securities like these ones), but a bullish version of these filters are merely impossible to be created and perform identically.

It's best to continue focusing on improving it rather than seeking an impossible alternative.


-Just my 2 cents from a trader who shorts penny stocks for a living

KSK8

p.s. I am a fan of the innovation behind Village Elder's shorting system, so I would indeed advocate for more to be made regarding it. I might even pitch in.


Stock Picks and Trading · Shills Swing N Daily
KSK8
msg #150872
2/23/2020 12:12:27 AM


shillllihs
4,873 posts
msg #150849
- Ignore shillllihs 2/21/2020 6:16:33 PM

I want you to understand Scott was not me and just someone who thought you were a clown.
Now can you please come to grips with it?


The only reason he hasn't replied after all this time is because you stopped paying for that account's subscription.


Stock Picks and Trading · KSK8 Questions on The Most Profitable Thread on Stockfetcher
KSK8
msg #150847
2/21/2020 5:13:47 PM

Been on vacation.

Stock Picks and Trading · Shills Swing N Daily
KSK8
msg #150846
2/21/2020 5:12:12 PM

scottoddscom,

Have you ever heard of the word 'globe'? The object itself debunks your entire flat earth theory lol

Stock Picks and Trading · Shills Swing N Daily
KSK8
msg #150796
2/15/2020 10:31:38 AM

-Attested the earth was flat
-Talks to himself constantly on his own thread
-Uses alt accounts to talk to himself-even worse
-Tries his hardest to appear macho
-Pretends to be the Alex Jones of SF
-Got caught cheating on a call-out thread
-Plagiarizes filters

you'll never be me

You're right, nobody wants to!



Stock Picks and Trading · Shills Swing N Daily
KSK8
msg #150791
2/15/2020 12:10:43 AM

Don't waste your time Klynn. In an older post, he mentioned the earth isn't round because there isn't any tangible proof, its hilarious to know that he's one of those nuts who thinks the earth is flat. LMAO

Stock Picks and Trading · Shills Swing N Daily
KSK8
msg #150775
2/13/2020 1:51:36 PM

Lol

Filter Exchange · Swing Trading with Larry Connors
KSK8
msg #150672
2/5/2020 10:00:17 AM

Big fan of Larry Connors. Keep pumping out filters guys!

Filter Exchange · OBV filter from scratch
KSK8
msg #150641
modified
2/2/2020 5:54:41 PM

Stockfetcher does not support a cumulative function so this is as far as I can get:

Fetcher[
set{x1,high-open}
set{x3,open-low}
set{x2,high-low}

set{up_move,x1/x2}
set{down_move,x3/x2}

set{up_volume,volume*up_move}
set{down_volume,volume*down_move}

set{x4,sum(up_volume,10)}
set{x5,sum(down_volume,10)}

set{_obv,x4-x5}

draw _obv
]



Its most likely possible to achieve using SF syntax, however someone smarter might be able to figure it out.


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