dwiggains
447 posts
msg #36250
- Ignore dwiggains |
6/7/2005 5:46:40 PM
I have tried to use RSI(2) < 1 but cannot get the hang of it. I want to be with the trend and have tried using a MA of 30 to 40 days where close had to be higher than the MA to enter. TheRumpledOne do you have any suggestions?
Thanks David
|
brokedown
21 posts
msg #36253
- Ignore brokedown |
6/8/2005 7:47:19 AM
Its pretty rare to see rsi(2)<1 when stock is in an uptrend. Better off to use rsi(2)>75. Shows strength.
Tom
|
corsino
259 posts
msg #36256
- Ignore corsino |
6/8/2005 7:25:13 PM
This is a filter for rsi(2) below 1 and rising linear regression lines. You might tinker with it.
|
dducey
19 posts
msg #36258
- Ignore dducey |
6/8/2005 9:26:37 PM
dwiggains
check out the stockfetcher group on Yahoo. You will find everything you need and then some. IT WORKS!!!
|
TheRumpledOne
6,529 posts
msg #36261
- Ignore TheRumpledOne |
6/9/2005 12:57:34 AM
dwiggains:
Here's the basic Original RSI(2)/Linear Regression combo:
Gives you stocks touching bottom that are in a 60 day uptrend.
JUST WAIT FOR GREEN THEN LOAD THE BOAT.
MAY ALL YOUR FILLS BE COMPLETE.
|
dwiggains
447 posts
msg #36275
- Ignore dwiggains |
6/11/2005 8:57:46 AM
Thanks everyone for the help !!
|
TheRumpledOne
6,529 posts
msg #36319
- Ignore TheRumpledOne |
6/14/2005 8:19:59 AM
"TheRumpledOne 5/18/2005 6:37:03 PM
QQQQ showing a NEGATIVE DIVERGENCE.... THE DROP IS COMING!"
See ANYTHING CAN HAPPEN!
On the daily charts, QQQQ kept going up 6/2/2005. It showed Neg Div on 5/26/2005 and on 6/2/2005 BEFORE coming down.
But if you switch to the www.prophet.net 1 Yr/Weekly charts you will see another story...
The week of 5/23/2005, the QQQQ rsi(2) closed at 97.49. The week of 5/30/2005, the QQQQ dropped and so did the rsi(2)!
Remember to look a MULTIPLE TIME FRAMES (zoom in 60 min, and zoom out 1 yr/w) to gauge price movement.
MAY ALL YOUR FILLS BE COMPLETE.
|
outlaw69
10 posts
msg #36644
- Ignore outlaw69 |
7/2/2005 2:58:09 PM
shelupinin: I used your filter with 2% stop loss; max hold 2 days
and $5 to $40 price I had great results. I had used RSI(2)<1 several ways but had never added RSI(15). Look at some of the INDIVIDUAL TRADES beyond 2 days.The % profit increases greatly on many of them. Thanks for the tip.
| Approach Information | | Approach Name: RSI(2) < 1 and RSI(15) <30 | | Test started on 04/29/2005 ended on 05/10/2005, covering 7 days | | Filter used: | RSI(2) < 1
and RSI(15) below 30
and price is between 2 and 40
and volume is above 100000 |
|
|
| Trade Statistics | | There were 104 total stocks entered. Of those, 96 or 92.31% were complete and 8 or 7.69% were open. | | Of the 96 completed trades, 44 trades or 45.83%resulted in a net gain. | | Your average net change for completed trades was: 1.52%. | | The average draw down of your approach was: -3.30%. | | The average max profit of your approach was: 4.56% | | The Reward/Risk ratio for this approach is: 2.39 | | Annualized Return on Investment (ROI): 335.87%, the ROI of ^IXIC was: 83.04%. |
| Exit Statistics | | Stop Loss was triggered 46 times or 47.92% of the time. | | Stop Profit was triggered 0 times or 0.00% of the time. | | Trailing Stop Loss was triggered 0 times or 0.00% of the time. | | You held for the maximum period of time (2 days) 50 times or 52.08% of the time. | | An exit trigger was executed 0 times or 0.00% of the time. |
| Statistics By Holding Period | | | Completed | 2 day chg | 5 day chg | 10 day chg | 25 day chg | 40 day chg | | Winners: | 44 | 65 | 68 | 67 | 79 | 74 | | Losers: | 52 | 35 | 34 | 37 | 25 | 20 | | Win/Loss Ratio: | 0.85:1 | 1.86:1 | 2.00:1 | 1.81:1 | 3.16:1 | 3.70:1 | | Net Change: | 1.52% | 1.36% | 2.65% | 2.77% | 9.86% | 12.04% |
| Statistics By Variable: Match Price | | | <4 | <8 | <12 | <16 | <20 | <24 | <28 | <32 | <36 | <40 | | Completed | 5:11 | 12:19 | 8:7 | 6:7 | 5:3 | 4:0 | 2:2 | 1:2 | 0:1 | 1:0 | | 2 day chg | 11:7 | 18:11 | 11:5 | 10:4 | 5:3 | 3:1 | 2:2 | 2:1 | 2:1 | 1:0 | | 5 day chg | 14:5 | 17:14 | 10:5 | 11:3 | 7:1 | 3:1 | 2:2 | 1:2 | 2:1 | 1:0 | | 10 day chg | 12:7 | 19:13 | 11:5 | 10:4 | 6:2 | 2:2 | 2:2 | 1:2 | 3:0 | 1:0 | | 25 day chg | 15:4 | 25:7 | 14:2 | 10:4 | 6:2 | 3:1 | 2:2 | 1:2 | 2:1 | 1:0 | | 40 day chg | 13:2 | 22:9 | 14:1 | 10:2 | 6:2 | 3:1 | 2:2 | 2:1 | 1:0 | 1:0 |
| Statistics By Variable: Average Volume | | | <1000000 | <2.0M | <3.0M | <4.0M | <5.0M | <6.0M | <7.0M | <8.0M | <9.0M | <10.0M | | Completed | 40:47 | 1:5 | - | 1:0 | 1:0 | - | - | - | - | 1:0 | | 2 day chg | 59:31 | 3:4 | - | 1:0 | 1:0 | - | - | - | - | 1:0 | | 5 day chg | 62:30 | 3:4 | - | 1:0 | 1:0 | - | - | - | - | 1:0 | | 10 day chg | 59:35 | 6:1 | - | 1:0 | 1:0 | - | - | - | - | 0:1 | | 25 day chg | 72:22 | 6:1 | - | 1:0 | 0:1 | - | - | - | - | 0:1 | | 40 day chg | 67:18 | 5:1 | - | 1:0 | 1:0 | - | - | - | - | 0:1 |
|
|
outlaw69
10 posts
msg #36713
- Ignore outlaw69 |
7/4/2005 3:17:36 PM
Forgot to point out. This return was done with 46% wins and 56% losses, and would be greatly increased with better enty timing of each individual stock and "as the RumpledOne say" good money management!
The time period shown on this trial is during an uptrend in the overall market, so I tested a couple of months earlier when the overall market was in a downtrend and had only 27% winners and 73% loosers but the overall return was over +250%. Tight stop-loss and good money management.
|
TheRumpledOne
6,529 posts
msg #39197
- Ignore TheRumpledOne |
11/29/2005 3:56:13 PM
Never forget RSI(2) - The Little Indicator That Could
|