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Oops,
H1:=If(H>=HHV(H,60),1,0);
should be
H1:=If(H=HHV(H,60),1,0);
No big deal, the extraneous > does nothing.
Super
--- In equismetastock@xxxxxxxxxxxxxxx, superfragalist <no_reply@xxx>
wrote:
>
> Big,
>
> Here's a formula I've tested and written about for Roy's newsletter. I
> think it will give you what you're looking for. You can tweak the
> parameters a bit but I don't think optimization really brings much to
> this party.
>
> V1:=Mov(V,90,S);
> V2:=Mov(V,5,S);
> VBuy:=If(V2>V1*1.5,1,0);
>
>
> H1:=If(H>=HHV(H,60),1,0);
>
> H1>0 and VBuy>0
>
> Super
>
>
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> >
> > Big Papa,
> >
> > Had some time to review and play with your exploration formula.
> >
> > Here's what I'm seeing.
> >
> > There are two important factors being explored here.
> >
> > First, the HHV is acting as a trailing stop/indicator. Using the
> > lookback period of 260 will keep you out of consolidation and whipsaw
> > markets but has the drawback of getting you into a trade late.
> > Realize that 260 periods would encompass the highs of over a years
> > period of time. Several changes that you could consider would be to
> > shorten the lookbacks or use either a moving average or ATR based
> > indicator here.
> >
> > Second, volume is a fickled lady. I am somewhat skeptical that it is
> > ever reported accurately. We also seldom know for sure whether its
> > buying volume or selling volume. In your case the exploration is
> > turning up more selling volume than buying. This is probably due to
> > the restriction that the HHV is putting on it. By using the single
> > day volume in comparison to its moving average you are seeing more
> > spikes which can also be throwing off your exploration. You may want
> > to consider using short term moving averages of volume instead.
> > Something like:
> > Mov(V,5,S) > Mov(Mov(V,5,S),5,S)
> >
> >
> > Hope this helps,
> >
> > Preston
> >
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> > >
> > > Big,
> > >
> > > PDO is one of those that you would like to find especially if you
> > > could find it in April and sell it in May and before it tanked on
> > the
> > > 22nd.
> > >
> > > What I noticed was that it fell into a trend, albeit a short one.
> > >
> > > Question is how to do that and not to catch the ones that are
> > highly
> > > volatile and tank the next day.
> > >
> > > Several things I would play with. The HHV has a 260 period
> > lookback.
> > > I would probably shorten that. I would probably up the initial
> > stock
> > > price as well. $2 stocks are usualy being played/manipulated by the
> > > hucksters, so I would probably bump that number to $10.
> > >
> > > A good trend filter would also be nice to include. Several come to
> > > mind. Obviously the idea is going to be to jump on the trade early
> > > rather than late. Let me play with a few and see what looks good.
> > >
> > > Finally, you are going to need a very good trailing stop. I think
> > > Andy just mentioned a good one but there are others.
> > >
> > > Will get back to you with more in a bit.
> > >
> > >
> > > Preston
> > >
> > >
> > >
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "Big Papa"
> > > <denver69692002@> wrote:
> > > >
> > > > What I have found is that the stock will behave wildly one way or
> > > > the other, right after it is found in the exploration.
> > > >
> > > > For instance, it caught PDO around Mid May around $14.85 before
> > it
> > > > took off to 15.74 the next day, $22.85 on day 3, etc.
> > > >
> > > > It also caught UFPT around the same time, it crossed my
> > magical "X"
> > > > percentage, and was down 35% 20 trading days later.
> > > >
> > > > During the first week in June, it caught XCO at $26.96, which was
> > > at
> > > > $34.31 10 days later, and GEOI at $27.13, down 23% 10 days later.
> > > >
> > > > Thoughts?
> > > >
> > > >
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> > > > >
> > > > > Big Papa,
> > > > >
> > > > > I believe somethings askew with this exploration.
> > > > > C>0 should be C>Open not zero.
> > > > > Next when I plotted the code as an indicator on a price chart
> > of
> > > > > several stocks what I saw was selling opportunities not buying.
> > > > >
> > > > > Preston
> > > > >
> > > > >
> > > > >
> > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Big Papa"
> > > > > <denver69692002@> wrote:
> > > > > >
> > > > > > I have an explorer. End of Day type set up.
> > > > > > C>=2
> > > > > > AND
> > > > > > C>0
> > > > > > AND
> > > > > > C>=HHV(H,260)-HHV(H,260)*0.10
> > > > > > AND
> > > > > > C>Ref(H,-1)
> > > > > > AND
> > > > > > Mov(V,30,S)>1000
> > > > > > AND
> > > > > > V>=Mov(V,30,S)*2
> > > > > >
> > > > > > I have been paper trading this for a month or so, on next
> > day,
> > > > > > 3,5,10, and 20 day results.
> > > > > >
> > > > > > My buy formula will buy all stock that pops up on the screen.
> > I
> > > > buy
> > > > > > at the opening of the next day.
> > > > > >
> > > > > > My sell formula is a little bit trickier.
> > > > > > If the stock declines more than x% from the close of the day
> > > > > > previous to when I buy, I want to sell, and move to a short
> > > > > position
> > > > > > right away. The equities that don't stop out, I'll let run.
> > > > > > I need help with that formula, both for the sell of the
> > initial
> > > > > buy,
> > > > > > plus the automatic buy of the short position.
> > > > > >
> > > > > > Any help for the exit would be nice too.
> > > > > >
> > > > > > Thanks,
> > > > > > Big Papa.
> > > > > >
> > > > >
> > > >
> > >
> >
>
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