StockFetcher Forums · View by Author: riverrun83716 (15 messages) ·  [ Display By: Date / Subject ]<< 1 2 >> 
Announcements · StockFetcher Backtesting Discontinued on August 1, 2015
riverrun83716
msg #124060
6/17/2015 10:03:03 AM

wow----this makes no sense to me. I use the backtest extensively and see no value to Stock Fetcher without it.

General Discussion · Need some input from the forum
riverrun83716
msg #112474
3/27/2013 9:59:36 AM

hmmm the link doesnt work for me. Do we have to sign up for the site or something?

General Discussion · Need some input from the forum
riverrun83716
msg #112454
3/26/2013 1:10:35 PM

this service has been in business a long time. They post every trade ever taken and have an amazing long term track record.
www.stta-consulting.com
It is a falling knife or buying oversold stocks kind of thing. But is completely objiective and uses time stop for trades. With compounding the thing has produced amazing returns over a long time period.

Filter Exchange · NEW SYSTEM WITH INTEGRATED 5% STOP LOSS
riverrun83716
msg #112339
3/20/2013 11:52:59 AM

One more factor on my post above. Since there is a delay in Stock Fetcher the stocks selected and you buy can change in the last 20 minutes because of this delay. Don't know how much difference this will make in actual stocks selected in real time and what the back test shows but would be a factor to some degree.

Filter Exchange · NEW SYSTEM WITH INTEGRATED 5% STOP LOSS
riverrun83716
msg #112335
3/20/2013 11:06:52 AM

I have backtested Kevins 2 filters on page 1 of the thread with a different approach on Stock Fetcher. Buy 2 stocks per day with a maximum of 6 ten thousand dollar positions. Instead of buying on a limit order--buy the close day1----hold day 2---hold day 3----sell the open day 4. Also sort the list of potential buys with Average Day Range % (5). You use no stop but have a time stop as in the positon 2 market days plus overnite holds.
To setup the back test use the folloowing: Starting cash 60,000. Exit setup-----Maimum holding days 3. Advanced options---Selection Method---select by average day range % (5) descending. Use Match Date Close---Yes (this must be yes to buy the close). Exit Price----open. Max trades per day --2. Max open positions 6.
If you do this back test click on trades and sort the Gain/Loss % column by both the gains and losses. You will see there are very high % winners and loosers. I think a key to this is sticking with the system. The tendency is to cut winners short and let the loosers run and with the magnitude of these gains and losses you will loose if you dont get the big winners.
I also question some of the Stock Fetcher data such as as buying TERX at 185.26 on 3/08/05 and selling for 1981.14 on 3/11/05. Not a lot of those but with compounding it throws the backtest way off if that is an error.
One more point--- the Average Day Range % (5) must be added to the filter along with Last ---Chg%---Volume etc.
My conclusion is this is a viable system if done in this manner but extreme discipline to follow the system is required --if you cut winners short and let loosers run it will eat you up. Also the early years in general 2002 to 2007 test better than the later years 2008 to present.
Kevin and anyone else--would appreciate comments on this.

General Discussion · ConnorsRSI
riverrun83716
msg #112148
3/11/2013 10:51:37 AM

Kevin did you start the new thread? Can't find it if you did.

General Discussion · ConnorsRSI
riverrun83716
msg #112042
3/4/2013 3:00:22 PM

Will be interesting to see your stop analysis. One of the factors with the stocks we have had lately is the bid ask spread is several % when they get bouncing around. A trade on the bid my stop out and the next trade on the offer is right back up. Looking forward to seeing what your work shows. Have made good money with the system but definitely not for the faint of heart.

General Discussion · ConnorsRSI
riverrun83716
msg #112038
3/4/2013 2:04:36 PM

Guess I have your filter wrong. I had adx 5 above 40 and not 45 as you say.


General Discussion · ConnorsRSI
riverrun83716
msg #112036
3/4/2013 2:02:40 PM

Kevins filter that is.

General Discussion · ConnorsRSI
riverrun83716
msg #112034
3/4/2013 2:00:23 PM

HK from the connors adx 5 above 40 filter triggers at 6.25.

StockFetcher Forums ·  · << 1 2 >>

*** 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