risjr
230 posts
msg #133804
- Ignore risjr |
1/18/2017 9:48:46 PM
Hi Snappy
What do you use as final selection info?
Thanks in advance
risjr
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Eltonm45
19 posts
msg #133805
- Ignore Eltonm45 |
1/18/2017 11:26:27 PM
This last filter looks great. I will give it a try for next few weeks/months. Thank you.
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graftonian
1,089 posts
msg #133812
- Ignore graftonian |
1/19/2017 9:35:12 AM
Elton, Just a different way of looking at the results. Thanks to TRO, for the "guts" fo the filter.
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snappyfrog
749 posts
msg #133820
- Ignore snappyfrog |
1/19/2017 10:33:35 AM
risjr - i looked at the scan by 5% this week.
graft - interesting twist on how to sort these
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graftonian
1,089 posts
msg #133837
- Ignore graftonian |
1/20/2017 3:50:31 PM
I changed the sort calculations of the previous filter to work around the division by zero problem and include "ties" in that process. Also working on using past weekly results in setting the profit and loss limits. any thoughts on that.
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Kevin_in_GA
4,599 posts
msg #133838
- Ignore Kevin_in_GA |
1/20/2017 4:11:48 PM
An easy way to avoid the "divide by zero" issue is to simply subtract the risk value from the reward value, rather than use division. The rank ordering will be the same.
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T_Charp13
35 posts
msg #133844
- Ignore T_Charp13 |
1/21/2017 7:32:20 PM
What stocks are you guys looking at for next week? I'm personally looking at SBS, FNSR, VIV, UCTT, and EGLE but haven't refined it to 2 or 3.
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vicantrade
2 posts
msg #133926
- Ignore vicantrade
modified |
1/28/2017 11:25:42 AM
thanks for all the great info not only about the filters but trading in general.
I've been reading this and other threads and love the work Kevin, graftonian and others are doing.
I have a followup question to the filter, not sure if I'm posting it in the right thread so pelase exuse me if i don't.
the question is if you are trading based on this filter, how would you select the actual stocks to trade? Would you simply look at the top 5-10 stocks based on their SortNum (say from the last filter graftonian wrote on page 21), or would you refine the selection further by applying other rules and technical indicators.
I was also wondering if anyone has been using price support and resistance levels to finalize a weekly stock selection. For example if 2 stocks have the same SortNum but one is trading above it's support level and one is below, what would you choose or it doesn't make a difference?
For example the top 5 for next week (scan ran on Jan 28, "BUYS" for Jan 30, 2017) are ICD, GV, AKG, BPMC, CDZI
thanks for all your interesting work
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graftonian
1,089 posts
msg #133929
- Ignore graftonian |
1/28/2017 6:38:15 PM
Hey guys, all the work I did last week isn't nearly as good the original. I tried to re-invent TRO's wheel and it kind of came out "squarish". Spent all day today exploring entry and exit techniques, and I've got enough questions for a whole 'nuther forum.
As TRO often reminds us "it ain't what you trade, it's how you trade it."
Monday morning I am almost certain to choose NM. Why; it is first on the list, It is the only one on the list without a doji., and every indicator I could find whispers "buy".
I believe it will be a strong opening, and I won't pay more than a few percent over Fridays close. On the downside, if the price is below a descending 15 minute ema(13), I'll wait for the cross over.
I know this system was designed to be a swing trade platform, but the stock picks have worked well me.
Happy trades to you, until we meet again. (I think Gene Autry said that)
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SAFeTRADE
656 posts
msg #133930
- Ignore SAFeTRADE |
1/28/2017 7:39:21 PM
Happy trades to you, until we meet again. (I think Gene Autry said that)
It was Roy Rogers, he closed his TV show with that song.
Clarence
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