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We moved! Try http://forums.trade-ideas.com/. Taking questions now.
ibd999: Please post this question on our new forum location: http://forums.trade-ideas.com/index.php. We'll answer there. Thanks
adagher: Here's an updated strategy for your request http://69.43.145.253/index.php?topic=6.0
time2: ADX is here http://www.trade-ideas.com/Help.html#WSF_MinADX
Attention Everyone: Based on a lot of requests (more so recently) for a searchable, moderated forum specifically for customers of Trade Ideas, we are announcing today the creation of our own at
http://forums.trade-ideas.com/
Please register and begin address your requests, suggestions, concerns, and complaints here. We will still continue to visit this forum but with less and less frequency.
ibd999: Hi. Great question. We have a linear divergence filter in Trade-Ideas made popular by the late educator Mel Raiman (RIP).
Try this strategy: http://www.trade-ideas.com/View.php?O=60000000000000000000000_1d_0&QRUI=2&QRDI=2&MinPrice=5&MaxSpread=15&MaxDNbbo=.15&MinVol=500000&MinRV=3&MinLR130=.49&MaxLR130=.51&WN=Crossing++the+50%25+Linear+Regression+Line
Linear Divergence filter definition: http://www.trade-ideas.com/Help.html#WSF_MinLR130
beardance: I'll log your suggestion about EMAs - currently we only analyze SMA. Thanks
bbruin: from our Tech Dept.:
"It's certainly possible. These alerts are a lot different than most of our alerts. They don't go off unless QQQQ or SPY cooperate. And those two are often quite similar. So, where most alerts are much easier to set off, and at least one stock will typically set them off, these are much more particular.
As for today, I took a close look. QQQQ is any easy one. The first candle doesn't look at all like the icon or the description in help.
SPY was a little trickier. The first candle this morning was too small to qualify as a power bar.
He will see some examples from a few days ago if he pulls up history. I was expecting this type of comment, so I waited for a day when we got a lot of alerts before announcing these alerts to the general public.
If he wants something similar but with looser restrictions, he can look at the 5 minute opening range break alerts."
bbruin: Thanks for the Canadian stock symbol suggestion. Someone needs to start a petition! As for the Opening Power Bar - our definition is exactly what we look for; namely,
"A power bar is defined as a large candle, where the open is near the high or or the low, and so is the close. The position of the close says whether the bar is bullish or bearish. This sets the direction for the entire strategy. "
Take a look at the latest results tripping this alert (this will get you familiar with examples of how the alert works): http://www.trade-ideas.com/SingleAlertType/OVO5U/Bullish_opening_power_bar.html
What I like about these alerts is the description information we also provide regarding setting stops - just great stuff.
bbruin: Here are 2 set-ups I think you'll like. This is my interpretation of what you described.
1. "Wide Range Bar 5Min Btwn 50 and 200d MA"
http://www.trade-ideas.com/View.php?O=200000000000000000000000000000000000000000000000000000_1d_0&QWRB5=.5&MinPrice=5&MaxPrice=100&MaxSpread=10&MaxDNbbo=.15&MinVol=500000&MinRV=3&MinPCAV=100&MaxMA200R=-2&MinMA50R=2&WN=Wide+Range+Bar+5Min+Btwn+50+and+200d+MA
2. "Wide Range Bar 5 Days - Big Open Btwn 50 and 200d MA" http://www.trade-ideas.com/View.php?O=8000000000000000000000000_1d_0&MaxSpread=10&MaxDNbbo=.15&MinVol=500000&MinRV=2&MinPCAV=100&MinPOORP=150&MaxMA200R=-2&MinMA50R=2&MinConDays=5&WN=Wide+Range+Bar+5+Days+-+Big+Open+Btwn+50+and+200d+MA
alexa: Really - you ae quite vague in describing what you mean. Is this 2 or 3x volume? Price? Larger than the normal ones in what sense? Perhaps you have a stock that was in this pattern that serves as an example - please share. Thanks!
marketmark: Here is a reply I received from another colleague about your question:
"1. if the stock moves very quick in the first 5 minute period, that's one way
2. we do that to simulate real conditions where stop losses are not easy to enforce"
alexa: At the bottom of the page are the Configure or See in Real Time options you are looking for.
Baoli: Came up with one possibility: Yhe only other solution, which is quite cumbersome, would be to split your ticker windows into certain price groups and then adjusting the spread accordingly...
s_i: Of course! Both the Up/Down Day filters are here: http://www.trade-ideas.com/Help.html#WSF_MinUp
alexa: Took your 5% above 200 day SMA strategy and put this spin on it that will hopefully put you in a good buying opportunity. You'll understand what I did when you look at the Configuration:
http://www.trade-ideas.com/History.html?O=400000000000000000000000000000000000000000000000000000000000000000000_cd_0&MaxSpread=15&MaxDNbbo=.15&MinMA200P=4.9&WN=Pullback+Just+Before+200+ma+extreme&start=5730180051
Let me know if that helps
Announcing the arrival of STOCHASTICS!
http://www.trade-ideas.com/WhatsNew.html
marketmark: Thanks for the suggestion on price. Here's a solution for adding seconds to your display:
http://marketmovers.blogspot.com/2009/11/tooltip-spank-father-time-while.html
Baoli: Thanks for the feedback - we may eventually do a % spread filter but our first concern was to do it in $$. After a certain amount of cents you just don't want to see such wide spreads - regardless what the dollar price is of the stock - 1.e., 2% of GOOG. I put a Max spread amount of $0.15 and the tool keeps me away from bad/disadvantaged fills. You can also improve your OddsMaker results by using the Max Distance from Inside Market - which you can express as a percentage.
http://www.trade-ideas.com/Help.html#WSF_MinDNbbo
I would use this filter as a proxy for the spread until we add the % option.
Gattaca: From our Tech Dept: "We had a technical issue that started Monday and continued thru mid-day yesterday. We lost between 5 and 10% of our symbols on those two days. The issue has been resolved." Apologies for not getting this to you sooner.
gattaca: ATHN did not satisfy your filters until 12:30. Whatever the activity around the open did not meet the criteria you set.
It's uncertain from your message what day you saw this activity. You can find out exactly what we reported for ATHN by using this great tool, Stocks Like This:
http://www.trade-ideas.com/StockInfo/_StocksLikeThis.html
Enter ATHN and the day and time for which you want to see activity and we'll show you what our servers reported.
Janks: If you are using TI PRO right click in a strategy window and select History - then uncheck Real Time and you'll see the historical alerts for that strategy.
If you are using the browser version, it's a link at the top of the window in the orange navigation bar.
Hope that helps
gattaca: Couple of things: 1. You are using the heartbeat alert which by default only updates once every 5 minutes to see if all the filter conditions are met. Try choosing an event from the alert list to be your trigger when and why we should send a message to you.
2. It's hard to identify precisely what stock you were late with using your configuration. Let us know what stock to which you refer.
Thanks
Janks: The data is available historically if you are a paid subscriber. Gotta keep something for ourselves :)
Glad you are enjoying the Traders Area. Spread the word!
alexa: I started by using our 'Stocks Like This' tool and entered Fri, April 23, 11:55 ET, and CQP. http://www.trade-ideas.com/StockInfo/_StocksLikeThis.html
I then picked some filters with values that caught CQP that I thought modeled the stock's behavior and copied them into a Config window. I then cleaned up the ranges and came up with this:
http://www.trade-ideas.com/View.php?O=40000000000000000000000000000000040000000000000000000000_3dd_0&QRDI=2.5&MaxPrice=40&MaxDNbbo=.1&MinVol5D=50000&MinVWV=0.0800&MinPOORP=125.0&MinUp=3&MinLR130=0.6998&WN=Stocks+Like+CQP
See if that helps.
waynec: Try this: I took a doji day to be a stock up 0 days in the Min and Max Up Day filters. This is a good starting point for you:
http://www.trade-ideas.com/View.php?O=8000000000000000000000000_1d_0&MinPCAV=1000&MinUp=0&MaxUp=0&WN=Doji+Days
Def. of filter: http://www.trade-ideas.com/Help.html#WSF_MinUp
thx s_i for the assist. So Bali what specifically are you experiencing that's unexpected?
alexa: Good question. The Max count filter works on the basis of max/symbol/alert for the day. It is the count we record per symbol for each alert irrespective of the filters you choose
final4: No. Can't do exactly what you are asking for at this time in the manner you are asking. Sorry.
alexa: You'd add the Min Consolidation filter we have, set at Min 6 days. Like this: http://www.trade-ideas.com/View.php?O=20000000000000000000000000000000_c0_0&QNR7=2&MinPrice=1.01&MaxPrice=10&MinVol=100000&MinConDays=6&WN=MOD:+NR7-2+1-10$&SL=X1
Thanks for helping out as well - much appreciated and very good suggestions!
final4: If you dont want to share your strategy that's fine. But the Running Down/Up alerts are the best ones to use. Remember that these alerts only look for unusual running activity. Google falling 20c over a minute is ignored by these alerts because its a no-news type of event. It might be helpful to understand your filter settings in order to see what kind of stock universe you're searching in.
s_i: On entry we normally use the last print. We record the price at the time of the alert, which could be more than once per second. We also look at the historical data, and sometimes we adjust the entry price. If the price is outside of the historical candle, we assume it was a bad print and we try to fix it.
One possibility is that he's seeing bad prints. Jamie {Our Director of Trader Education) says that the bad print filter is an absolute requirement for robot trading, and people should also use it in The Oddsmaker.
http://www.trade-ideas.com/Help.html#WSF_MinDNbbo
Another possibility is that things are just moving very quickly at the time. Both of those happen a lot, depending how you set up your alerts.
final4: Without seeing your strategy I dont know if I can help. Try copying and pasting it in your reply.
final4: Sounds like your fading moves or scalping - One way of modeling is keeping an open mind to alternative methods of recognizing the pattern you want to see.
See these examples mentioned in this post as other ways to skin the cat.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49099503
final4: We have multiple versions of the running down/up alerts. You are looking at the most conservative/confirmable one. Try the intermediate version or the Running Down Now version:
http://www.trade-ideas.com/Help.html#RUN
alexa: Alerts are the 'or' statements - you can choose 1, 2, or more and they are all independent of each other. The filters are 'and' statements - they stack ontop of each other and all of them must be satisfied before showing you an alert.
Think of the alerts as what you want to see, the filters as what you don't want to see, and the exchanges as where to find them.
chadow: I'm not an expert on MACD, but so many people on this forum requested it, I defer to them!
That said my suggestion would be to use the MACD with filters for price movement like Up in the last x minutes or Change from the close. That way you can make sure the price is diverging from the MACD.
alexa: Let me work on something (a strategy) for you
jprad: THanks for the more detailed description - it helps. Noted.
alexa: I took a look at EME.cat using our Stocks Like This tool. Here's what we reported at that timeframe:
http://www.trade-ideas.com/StockInfo/_StocksLikeThis.html?symbol=EME.cat&start_date=1271401200&start_hours=11&start_minutes=25&time=10
I see the Min Relative Volume (Current Volume) was at 0.46 - that's pretty low volume. When a stock is that quiet the jump in price could be a bad print or exchange error. Either way the price spike did not affect the volume. I'll take more of a look because not everything has to have volume for it to appear.