StockFetcher Forums · Stock Picks and Trading · Shills Swing N Daily<< 1 ... 276 277 278 279 280 ... 493 >>Post Follow-up
pthomas215
1,251 posts
msg #134226
Ignore pthomas215
2/11/2017 1:22:03 PM

FOUR, I want your opinion on something. I have seen a nice gap up with the filter below on the overnight. so accordingly I took down NE late Friday. Just dont know if I am getting lucky or if there is logic to the overnight gap up...thoughts??

Fetcher[
price between 2 and 30
ema(3) crossed above ema(21) 1 days ago
and avgvol(30) is above 10000000
volume > volume 1 day ago
average day range(10) above 4
]





four
5,087 posts
msg #134227
Ignore four
2/11/2017 1:30:46 PM

pt,
1. yes, made it a long [be careful with the ETFs]

2. Gap info
http://www.moneyshow.com/articles.asp?aid=TradingIdea-23647

four
5,087 posts
msg #134229
Ignore four
2/11/2017 2:05:00 PM

2. Gap Info (continued)
http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:gap_trading_strategies

shillllihs
6,088 posts
msg #134231
Ignore shillllihs
2/11/2017 3:44:14 PM

Thanx PT.

I think this might be the best SHORT filter though. It's something Kevin made for longs I guess.
Just play any inverse ETF.


10/20/2013 2:22:02 AM

Fetcher[
/*KEVIN'S TRADE THE WEEKLY OPEN GAP DOWN STRATEGY*/
Etf
/*FIRST, SET KEY VARIABLES - LAST WEEK'S CLOSE AND THIS WEEK'S OPEN*/
set{horizontal1, weekly close 1 week ago}
set{open1, weekly open}

/*SECOND, DETERMINE IF A GAP DOWN OCCURS, AND IF IT WAS THEN FILLED*/
set{gapdown, count(open1 below horizontal1,1)}
set{stats, count(weekly high above horizontal1, 1)}
set{gapfill, gapdown * stats}

/*THIRD, COUNT THE FREQUENCY OF GAPS DOWN THAT WERE FILLED OVER THE LAST 100 WEEKS*/
set{gapdown100, count(gapdown above 0.5,100)}
set{gapfill100, count(gapfill above 0.5,100)}
set{pct_gapfill, gapfill100 / gapdown100}

/*FINALLY, DETERMINE THE POTENTIAL GAIN FROM THIS WEEK'S GAP DOWN*/
set{gapsize, horizontal1 - open1}
set{gain2, gapsize / open1}
set{gain, gain2 * 100}

/*NOW ADD COLUMNS WITH KEY DATA AND SORT THEM FROM HIGHEST PERCENT GAP FILLED TO LOWEST*/
add column pct_gapfill {percent gap filled}
add column gapdown100
add column gapfill100
add column horizontal1 {last week's close}
add column open1 {weekly open}
add column gain {gain(%)}
add column ATR(50)
sort on column 5 descending

/*SET SCREENING CRITERIA FOR USE AT MONDAY'S OPEN. SINCE BIG GAPS DOWN ARE LESS LIKELY
TO BE FILLED, SCREEN OUT ANY GAPS DOWN THAT OPEN BELOW LAST WEEK'S LOW*/
weekly open below weekly close 1 week ago
weekly open above weekly low 1 week ago

/*ADDED CHECK - THE GAP TO BE FILLED SHOULD BE LESS THAN THE ATR(50). THIS WILL ALSO HELP TO SCREEN OUT BIG GAPS DOWN THAT ARE UNLIKELY TO BE FILLED THIS WEEK*/
gapsize below ATR(50)

/*SET A MINIMUM FREQUENCY FOR GAPS DOWN - THE HIGHER THIS IS, THE STRONGER THE STATISTICAL RELEVANCE - I CHOSE 30 HERE BUT YOU CAN SET IT TO ANYTHING YOU WANT (HIGHER WILL GIVE FEWER
HITS). I ALSO WANT THE RETURN TO BE AT LEAST 2%*/
gapdown100 above 30
gain above 2

/*STANDARD LIQUIDITY REQUIREMENTS*/

average volume(30) above 100000

chart-display is weekly
draw gapfill
draw gapdown
]



pthomas215
1,251 posts
msg #134233
Ignore pthomas215
2/11/2017 4:20:37 PM

Both you guys are great. very helpful.

shillllihs
6,088 posts
msg #134249
Ignore shillllihs
2/13/2017 10:52:26 AM

The Shills, well known for going for the 3 run homer, will now switch it up.
He will now mostly play small ball. Walks, sacrifice bunts and blup singles.
200 bucks a day is 50k a year side cheese.

pthomas215
1,251 posts
msg #134253
Ignore pthomas215
2/13/2017 11:40:10 AM

Moneyball shillihs! very nice. you dont need much each day for it to add up. going to cubs opener Feb 25th.

took JNUG at 11.35

shillllihs
6,088 posts
msg #134254
Ignore shillllihs
modified
2/13/2017 11:49:15 AM

We may be going to Cali in March, May look at some properties in Temecula or Valencia.
May relocate in next 2 years but not sure. Thinking of catching a game or 2 if we go.
Melo Roos kind of scares me.

shillllihs
6,088 posts
msg #134255
Ignore shillllihs
2/13/2017 12:00:21 PM

I'm playing the KEVIN DIVERGENCE on YINN @ 20.06

pthomas215
1,251 posts
msg #134257
Ignore pthomas215
2/13/2017 12:09:26 PM

cool...I live on the west coast so its real easy to catch the games.

StockFetcher Forums · Stock Picks and Trading · Shills Swing N Daily<< 1 ... 276 277 278 279 280 ... 493 >>Post Follow-up

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