jpistell
123 posts
msg #34893
- Ignore jpistell |
1/15/2005 8:23:51 AM
This filter sets up the guidelines of what a trend can look like and how to trade it.
GOAL: Find a trend and buy weakness.
1st it wants to avoid all forms of false or failed trends.
Then it triggers a buy on a pullback to the 1st line.
Then it has a 2nd trigger (that is turned off now) that looks for a fall to an intermediate point, and then asks for the very sensitive ECO(5,5) to inch up.
It has a TAKEPROFIT line so your not caught standing when the music stops ;-)
Idea: For a different trigger, add Muddy's bollinger fade script.
All comments and tweaks appreciated.
I hope you like it,
Trader Joe
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Aries321
6 posts
msg #34897
- Ignore Aries321 |
1/15/2005 8:25:37 PM
You said,
Idea: For a different trigger, add Muddy's bollinger fade script.
What the heck does than mean????
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jpistell
123 posts
msg #34899
- Ignore jpistell |
1/16/2005 5:55:25 AM
Aries,
--Filter Exchange--
Subject: bollinger bands
Author:wallman
Replies : 191
CLOSE HAS BEEN DECREASING OVER THE LAST 3 DAYS
AND PRICE TOUCHED LOWER BOLLINGER BAND(20)
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jpistell
123 posts
msg #34907
- Ignore jpistell |
1/16/2005 5:38:49 PM
Tweak time.
The Buy Trigger has been vastly improved.
I also added a few other tweaks to help refine the outcome.
She's almost ready for prime time!
G'Luck,
Trader Joe
TRADING GUIDELINES:
As long as price holds > EntryMA, add to your position each time Double stochastics hits it's mark.
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jpistell
123 posts
msg #34917
- Ignore jpistell |
1/17/2005 6:56:58 AM
Additional Trigger Tweak.
add: draw double stochastic(22,3) line at 20
If double stochastic(22,3) < 20, then buy 2 day high with strong close.
1-17-05 Buys:
ARQL
HMSL
PCR
SETUP IMPROVING, TIME FOR RESEARCH:
needs good close
TVGR
EGSRE
IMNR
CCUR
ISRE
ABMC
FNVG
ONEI
kirk
BBX
wait for pull back
VNWK
LGVN
RGEN
Like the pattern:
AMCS
VITR
LCCI
QVDX
MFIC
FORG
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ham1198
174 posts
msg #34920
- Ignore ham1198 |
1/17/2005 4:30:21 PM
Joe, I've been following PCR too. It popped up and was one that from my post on your other filter board looked ripe. Here's the link:
http://stockcharts.com/def/servlet/SC.web?c=pcr,uu[w,a]daclyyay[dd][pd20,2!h.02,.20][vc60][iLyb20,2.0!Lm12]&pref=G
See how BBW is at it's low. From BBW, the bands have contracted and are ready to start a new trend. Hope this helps.
Here's also Matt Claaseen's article on using BBW/Volitility:
http://www.technicalanalyst.co.uk/bollinger.pdf
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jpistell
123 posts
msg #34929
- Ignore jpistell |
1/18/2005 5:47:52 PM
New Signals:
IMNR and IINT.
Both are on the watch list but are on hold. The double stochastic(22,3) is below the 20 line. I'll follow my trading rules and I'll put a buy stop in on both with a 2 day high and add if it closes strong with volume.
Trader Joe
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jpistell
123 posts
msg #34937
- Ignore jpistell |
1/19/2005 10:51:30 AM
IMNR buy stop hit at $1.25
Big volume.
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moneymax3000
3 posts
msg #34957
- Ignore moneymax3000 |
1/24/2005 12:47:58 AM
Try the double I found back in Oct. "CCEL" your screen does not seem to show a re-buy on this one. I am very interested to see how a screen might have helped with this particular stock. As I usually find these types another way. MAX
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jpistell
123 posts
msg #34960
- Ignore jpistell |
1/24/2005 3:15:47 PM
There are a lot of days in Oct.
tell me the "Days offset" and which day it triggered on.
FYI:
The "trigger" criteria is tweaked for razor sharp entries. This causes it to miss a lot of other entries. Simply tinker with the trigger and you'll see a lot more choices.
G'Luck,
Trader Joe
p.s. you can turn the trigger off totally by wrapping it in /* ________ */
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