welliott111
98 posts
msg #54266
- Ignore welliott111 |
8/21/2007 6:15:40 PM
After studying TRO/HGs rsi<1 filters and how they take off when there is divergence to follow,was wandering if anyone has a good filter for pos. divergence.I've been taking shots but no real good win %.
Thanks in advance
welliott111
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TheRumpledOne
6,529 posts
msg #54283
- Ignore TheRumpledOne |
8/22/2007 7:47:37 PM
Remember, StockHolyGrail gets ALL the credit for RSI(2). He is the one who taught it to me.
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welliott111
98 posts
msg #54284
- Ignore welliott111 |
8/22/2007 8:21:27 PM
TheRumpledOne
Excellente filter.Thanks to StockHolyGrail for the rsi2 and yourself for all the advice and deciphering.You and all the other regulars are lots of help for a rookie like myself. Thanks to all
welliott111
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SFMc01
358 posts
msg #54438
- Ignore SFMc01 |
8/29/2007 1:43:41 PM
I'm confused. What is this filter designed to achieve? Has it been backtested successfully?
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TheRumpledOne
6,529 posts
msg #54447
- Ignore TheRumpledOne |
8/29/2007 4:27:30 PM
This filter finds stocks that have POSITIVE DIVERGENCE between price and rsi(2).
Lower price making higher rsi(2).
Usually, stock price increase follows.
Backtesting does not make you money, trading does.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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tdavis1tn
7 posts
msg #54571
- Ignore tdavis1tn |
9/4/2007 11:04:03 PM
I try to run the filter and it says I have to have stockfetcher advanced. Is there a non-advanced version?
Thanks,
tdavis
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