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[EquisMetaStock Group] Re: Big's HHV Needs help



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Oops,

H1:=If(H>=HHV(H,60),1,0);

should be 

H1:=If(H=HHV(H,60),1,0);

No big deal, the extraneous > does nothing.

Super


--- In equismetastock@xxxxxxxxxxxxxxx, superfragalist <no_reply@xxx>
wrote:
>
> Big,
> 
> Here's a formula I've tested and written about for Roy's newsletter. I
> think it will give you what you're looking for. You can tweak the
> parameters a bit but I don't think optimization really brings much to
> this party. 
> 
> V1:=Mov(V,90,S);
> V2:=Mov(V,5,S);
> VBuy:=If(V2>V1*1.5,1,0);
> 
> 
> H1:=If(H>=HHV(H,60),1,0);
> 
> H1>0 and VBuy>0
> 
> Super
> 
> 
> 
> 
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> >
> > Big Papa,
> > 
> > Had some time to review and play with your exploration formula.
> > 
> > Here's what I'm seeing. 
> > 
> > There are two important factors being explored here.
> > 
> > First, the HHV is acting as a trailing stop/indicator. Using the 
> > lookback period of 260 will keep you out of consolidation and whipsaw 
> > markets but has the drawback of getting you into a trade late. 
> > Realize  that 260 periods would encompass the highs of over a years 
> > period of time. Several changes that you could consider would be to 
> > shorten the lookbacks or use either a moving average or ATR based 
> > indicator here.
> > 
> > Second, volume is a fickled lady. I am somewhat skeptical that it is 
> > ever reported accurately. We also seldom know for sure whether its 
> > buying volume or selling volume. In your case the exploration is 
> > turning up more selling volume than buying. This is probably due to 
> > the restriction that the HHV is putting on it. By using the single 
> > day volume in comparison to its moving average you are seeing more 
> > spikes which can also be throwing off your exploration. You may want 
> > to consider using short term moving averages of volume instead. 
> > Something like:
> > Mov(V,5,S) > Mov(Mov(V,5,S),5,S)
> > 
> > 
> > Hope this helps,
> > 
> > Preston 
> > 
> > 
> > 
> > 
> > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> > >
> > > Big,
> > > 
> > > PDO is one of those that you would like to find especially if you 
> > > could find it in April and sell it in May and before it tanked on 
> > the 
> > > 22nd.
> > > 
> > > What I noticed was that it fell into a trend, albeit a short one. 
> > > 
> > > Question is how to do that and not to catch the ones that are 
> > highly 
> > > volatile and tank the next day.
> > > 
> > > Several things I would play with. The HHV has a 260 period 
> > lookback. 
> > > I would probably shorten that. I would probably up the initial 
> > stock 
> > > price as well. $2 stocks are usualy being played/manipulated by the 
> > > hucksters, so I would probably bump that number to $10. 
> > > 
> > > A good trend filter would also be nice to include. Several come to 
> > > mind. Obviously the idea is going to be to jump on the trade early 
> > > rather than late. Let me play with a few and see what looks good.
> > > 
> > > Finally, you are going to need a very good trailing stop. I think 
> > > Andy just mentioned a good one but there are others.
> > > 
> > > Will get back to you with more in a bit.
> > > 
> > > 
> > > Preston
> > > 
> > > 
> > > 
> > > 
> > > 
> > > 
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "Big Papa" 
> > > <denver69692002@> wrote:
> > > >
> > > > What I have found is that the stock will behave wildly one way or 
> > > > the other, right after it is found in the exploration.
> > > > 
> > > > For instance, it caught PDO around Mid May around $14.85 before 
> > it 
> > > > took off to 15.74 the next day, $22.85 on day 3, etc.
> > > > 
> > > > It also caught UFPT around the same time, it crossed my 
> > magical "X" 
> > > > percentage, and was down 35% 20 trading days later.
> > > > 
> > > > During the first week in June, it caught XCO at $26.96, which was 
> > > at 
> > > > $34.31 10 days later, and GEOI at $27.13, down 23% 10 days later.
> > > > 
> > > > Thoughts?
> > > > 
> > > > 
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> > > > >
> > > > > Big Papa,
> > > > > 
> > > > > I believe somethings askew with this exploration. 
> > > > > C>0 should be C>Open not zero.
> > > > > Next when I plotted the code as an indicator on a price chart 
> > of 
> > > > > several stocks what I saw was selling opportunities not buying. 
> > > > > 
> > > > > Preston
> > > > > 
> > > > > 
> > > > > 
> > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Big Papa" 
> > > > > <denver69692002@> wrote:
> > > > > >
> > > > > > I have an explorer. End of Day type set up.
> > > > > > C>=2
> > > > > > AND
> > > > > > C>0
> > > > > > AND
> > > > > > C>=HHV(H,260)-HHV(H,260)*0.10
> > > > > > AND
> > > > > > C>Ref(H,-1)
> > > > > > AND
> > > > > > Mov(V,30,S)>1000
> > > > > > AND
> > > > > > V>=Mov(V,30,S)*2
> > > > > > 
> > > > > > I have been paper trading this for a month or so, on next 
> > day, 
> > > > > > 3,5,10, and 20 day results. 
> > > > > > 
> > > > > > My buy formula will buy all stock that pops up on the screen. 
> > I 
> > > > buy 
> > > > > > at the opening of the next day.
> > > > > > 
> > > > > > My sell formula is a little bit trickier. 
> > > > > > If the stock declines more than x% from the close of the day 
> > > > > > previous to when I buy, I want to sell, and move to a short 
> > > > > position 
> > > > > > right away. The equities that don't stop out, I'll let run.
> > > > > > I need help with that formula, both for the sell of the 
> > initial 
> > > > > buy, 
> > > > > > plus the automatic buy of the short position.
> > > > > > 
> > > > > > Any help for the exit would be nice too.
> > > > > > 
> > > > > > Thanks,
> > > > > > Big Papa.
> > > > > >
> > > > >
> > > >
> > >
> >
>



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