SAFeTRADE
656 posts
msg #57095
- Ignore SAFeTRADE
modified |
11/28/2007 2:10:53 PM
/*
VISUALIZE 3 BOXES ONE INSIDE THE OTHER. THE SMALL BOX INSIDE THE MEDIUM
BOX, THE MEDIUM BOX INSIDE THE LARGE BOX AS THE ILLUSTRATION BELOW DISPLAYS.
_________________________
| |
| |SMALLBOX
| |_______ 75%
| |
| |
|_MEDIUMBOX__ 50%
|
|
|
| BIGBOX
_________________________
NOW IMAGINE A DIAGONAL LINE RUNNING FROM THE LOWER LEFT BOTTOM OF THE BIGBOX
TO THE UPPER RIGHT HAND TOP OF THE SMALLBOX. THE BOXES COULD BE ARRANGED DIFFERENTLY
BUT FOR MY PURPOSES I HAVE CHOSEN THIS SETUP IE., THE MEDIUM BOX SITTING ON THE 50%
LINE OF THE BIGBOX AND THE SMALLBOX SITTING ON THE 50% LINE OF THE MEDIUM BOX OR 75%
LINE OF THE BIGBOX. WHEN THAT DIAGONAL LINE IS INTERSECTING THE 50% LINE OF THE BIGBOX
IT IS ALSO INTERSECTING THE 50% LINE OF THE MEDIUMBOX AND ALSO THE 50% LINE OF THE
SMALLBOX. THE SAME WOULD BE TRUE FOR THE 75% LINE OR ANY OTHER LINE YOU WISH TO USE.
FOR MY PURPOSE I WILL USE THE 75% LINE BECAUSE I LIKE BUYING STOCKS WHEN THEY ARE RISING.
MY SETUP CONSISTS OF BOTH THE BIGBOX AND THE MEDIUMBOX ABOVE 75% AND THE SMALLBOX CROSSING
ABOVE 75% IN THE LAST1 DAY. I THINK THIS PRESENTS IT SELF AS A STRONGER MOVE WHEN ALL
THE ANGLES ARE LINED UP. SO, I WILL BE LOOKING FOR BIGBOX AND MEDIUMBOX TO BE ABOVE 75
AND THE SMALLBOX CROSSING ABOVE 75. AS A SIGN OF STRENGTH I WILL USE RSI(14) TO BE ABOVE
65, ANY THAT ARE BELOW 65 ARE NOT OF ANY INTEREST TO ME. ALSO IS IT A NEW MOVE OR A
FURTHER MOVE OF AN EXISTING TREND. WEEKLY MACD CATCHES THE NEW MOVES.
I NORMALLY LIKE TO BUY A NEW HIGH, BE IT A 52 WEEK HIGH OR A TWENTY DAY HIGH AND A 55 DAY
HIGH. THIS STRATEGY SHOULD GET ME IN A LITTLE EARLY AND I WILL STILL BE IN THE MONEY WHEN
IT TESTS THE NEW HIGH. */
|
luc1grunt
622 posts
msg #57098
- Ignore luc1grunt |
11/28/2007 2:45:24 PM
damn, too many errors in syntax. What am I missing here?
|
SAFeTRADE
656 posts
msg #57099
- Ignore SAFeTRADE |
11/28/2007 2:50:08 PM
FILTER HAS BEEN MODIFIED
|
TheRumpledOne
6,529 posts
msg #57116
- Ignore TheRumpledOne
modified |
11/28/2007 4:24:46 PM
All I did was move some code around.
It's best to put your selection criteria that uses SET statement results AFTER your SET statements!!
|
SAFeTRADE
656 posts
msg #57120
- Ignore SAFeTRADE |
11/28/2007 5:02:35 PM
Thanks TRO, appreciate your input. I have to mess around with the filters to get them to work because I don't have the premium account. I find that if I stick in a bunch of these /*******************/ I can get around the 10 set statements allowed. Maybe just my imagination and then I sort a stick stuff in at the end as an after thought.
|
moqual
38 posts
msg #57121
- Ignore moqual |
11/28/2007 5:19:09 PM
what enter/exit timeframe do you like to use with this scan?
|
SAFeTRADE
656 posts
msg #57142
- Ignore SAFeTRADE |
11/28/2007 10:49:50 PM
Entry and exit are the same as in the Simple long filter post.
Entry is the close. Exit is a new 13 day low or when the ballon26 crosses below 75. In this case when Bigbox crosses below 75.
|