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Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
One more thought about specific terms like stochastics and MACD etc, from a blog article
"4 Steps to Get the Jargon Out of Your Strategy"
http://marketmovers.blogspot.com/2007/07/4-steps-to-get-jargon-out-of-your.html
Stochastics and other terms liks MACD are certainly used in Trade-Ideas' development of key alerts and filters. More recent ones make use of these terms in particular:
If you are using these terms to describe your ideal pattern, I'd recommend using more basic descriptions and seeing how that might be modeled in Trade-Ideas.
Here's more:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37242235
Yes it is possible to filter on volume today. Try looking at this filter: http://www.trade-ideas.com/Help.html#WSF_MinTV - MIN VOLUME TODAY
Can you elaborate? You mean by sectors? You could look at that filter against a list of ETFs or indices for example
http://www.trade-ideas.com/StockInfo/index_list.html
Question, Answer, and Strategies to share with you.
QUESTION:
From: Ken
Sent: Tuesday, May 12, 2009 11:31 PM
Subject: scans
Could you please advise me how to set up these scans. #1 Stocks increasing in volumne, but not necessarily going up or down in price.
#2 Stocks nearing support or coming down and resting on support. ( your crossing below support one doesn't quite do it. )
Thank-you very much. Ken
ANSWER:
Dear Ken,
Thanks for your message. You can copy this string below and import it into TI PRO using the ‘Collaborate’ feature (right click in any TI window to access this feature).
1. Stocks increasing in volume, not necessarily in price: http://bit.ly/136Lo8
2. Stocks near support from above (support here is undefined – could use 200, 50, 20 day SMA as proxies or consolidation patterns or even the range of the day as well). I believe you are looking at the alerts and not finding what you want – the filters have it several ways however:
• Bottom of daily range and just above 50d SMA: http://bit.ly/8JdCa
• Stocks Near Support - Near bottom of 3d Consolidation & Just Above 200d SMA http://bit.ly/18GdAN
Hope this helps.
Best,
David
For additional help resources, please refer to the following links:
1. Download link: http://static.trade-ideas.com/TIPro/Setup_2.2.3.Exe?nocache=1225994930&ext=.exe
2. Alert and Filter definitions: http://www.trade-ideas.com/Help.html
3. Instructional Videos: http://www.trade-ideas.com/VideoHelp/Menu.html
4. User’s guide: http://static.trade-ideas.com/TIPro/Trade-Ideas_Pro_User_Guide.doc
5. Blog: http://marketmovers.blogspot.com/
Please let us know if you have any questions on the use of the scanner.
David Aferiat
David Aferiat
Managing Partner
Trade-Ideas, LLC
IM (AOL/YAHOO): D TradeIdeas
follow me on Twitter: http://twitter.com/TradeIdeas
________________________________________
Let's see you try to do that first. It's a simple change. Post it back here and I'll look at it. Teach a man to fish . . .
"Down Min 3 Days, Gap Up, Open>Prev Day Range" http://bit.ly/isvgO
I added some extra filters including a min Market Cap of $100M to keep the list down and to recognizable stocks. Feel free to change this.
Click on the link and then copy the link in the browser address bar. Use the 'collaborate' feature in TI PRO to import the strategy into an alert window.
Exactly. Well said.
What you ask for, I cannot give you.
We dont sell winning strategies. There are alot of reasons for this. Just one is the fact that what is winning now, loses later. Without a trader's skills to know when that turning point occurs, you could create trouble for yourself.
You have a journey ahead of you to take a balance of $7000 to $25,000. I might suggest other moves - both financial and not - to get you to your goal. For example start a savings plan that adds to this account on a monthly basis. Additionally take the required ongoing education in the form of paid or even free classes on strategy and trading tactics. Resources abound on the internet.
Get on Twitter to find the traders you'd like to emulate. Some suggestions include @steenbab (Dr. Brett Steenbarger, author of several books on the similarities in training and process between athletes and traders); @alphatrends (Brian Shannon, author of TA Using Multiple Timeframes - an instant classic). Follow Trade-Ideas there too (@TradeIdeas).
Read our blog - strategy ideas come from here frequently as we read articles and post our interpretations: http://marketmovers.blogspot.com/
As I recently said to @aiki14, "Train for success in trading or anything else - you can't pop a pill for it. Legend athletes know technique & employ the rt tools"
"All depends on the hands - in one set we're a holy grail, in another set we're a hand grenade. Like a scapel."
Trade-Ideas and its tools only fit into your trading plan once you've educated yourself to have a responsible plan. Then Trade-Ideas turns your knowledge into action. First you've got to devise your plan of attack. We cant give you one and anyone who promises you one without the requirement of your understanding is leading you sooner or later into a ditch.
You are correct. We limit the cache size as you've discovered in order to maintain efficiency in our servers and our ability to service the entire community of Trade-Ideas subscribers with unmatched speed. As we continue to grow, we expect to make larger cache sizes possible.
It will be added to both. There's no difference between the ST version and the retail version with one exception: in the backtesting tool, The OddsMaker, the current backtest period for the ST version is 15 days. The retail version currently extends back 30 days. This will be remedied soon.
Stochastics are an integral part of several of alerts within Trade-Ideas; specifically the set of alerts called Running Up/Running Down:
http://www.trade-ideas.com/Help.html#RUN
When individuals ask for these technicals terms like MACD and Stochastics, I'm reminded of the story of Rick who was looking at Trade-Ideas in a similar fashion and came away with a better understanding of trading and how to use Trade-Ideas:
http://marketmovers.blogspot.com/2007/05/be-like-rick-part-2-learn-technique-on.html
Adding an ADX filter is high on our development queue list. It is coming. Can't say exactly when (months)
Yes, you can. You're going to love these filters: Min/Max Decimal Filters:
http://www.trade-ideas.com/Help.html#WSF_MinDec
Suggestion: Given the cache size you can do the following: in TI PRO you can download the daily history of the strategy you are running into a .csv file that you can then import into Excel.
We do have a record feature - it's called History. See here: http://www.trade-ideas.com/Help.html#history_window
Explosive Rockets strategy: http://bit.ly/KkRYV
Looks for stocks moving with momentum on average or higher volume at the 80th percentile of their daily range or higher and gapped up at least $0.05
Remove the Gap filter if you dont see LVS (depends on if it gapped on Monday whether you'd see it now)
Good luck
Trade-Ideas now alerts for an extra hour. We stop at 5pm Pacific Time, 8pm Eastern.
No, you da man!
Thank you for your great feedback - it's very appreciated.
We are actually working with the API to create an automated solution. More details will be posted here and at our blog: http://marketmovers.blogspot.com
Thanks!
that will certainly make it here shortly:
http://www.trade-ideas.com/Testimonials.html
Much appreciated.
Yes, the Running Up/Down alerts set to trigger the most number of times (i.e., a low setting) would work.
Try this set-up:
"8 20 200 SMAs Close on 2Min Chart"
http://bit.ly/4TpB
Here is what I came up with:
You did not specify what the 20-SMA referred to (days or any number of candlestick periods: 2. 5, 15), so I did the strategy that looks for a min up from the 20 day AND 20 period on 15 minute candles:
http://bit.ly/6RfPI
Another suggestion: What about selecting numerous alerts with a Gap filter and setting the view mode (right click and select this option) to Group and Sort by SYMBOL. Just a couple of thoughts.
That's what I thought.
The heartbeat goes off once every 5 minutes for each stock. The exact time
is random, so we spread out the stocks evenly over time. Your strategy
doesn't work because you are looking at a one minute period, so only 1/5 of
the stocks you're looking for will show up.
Try a different alert other than the heartbeat. Example: Running Up/Down alerts. This will help.
Here is some advice from one of the developers:
"Depending on what he’s doing we might or might not be able to be that precise.
I can’t say more without seeing his alert settings. It’s tricky to do what he’s describing, and the alert settings are the most obvious place to make a mistake. He should use our history feature to make sure that he is getting alerts during that time using his settings. He should show the specific settings to Dan or Jamie if he needs help.
We are working on a number of upgrades which will help with shorter term trading in the OddsMaker. But I suspect that this problem can be fixed with just better alert settings."
You can email me your settings at info@trade-ideas.com or david 'at' trade-ideas.com and reference this post.
Correct. You will have to recreate the strategy by selecting the individual alerts and filters. They will add this feature (maybe sooner if you ask them personally!)
:) Got your back!
Without knowing your full trading plan, I came up with this strategy that might fit your needs. Feel free to subtract some alerts or change the values of the filters that put you within 1/2 a % above or below their 200 day SMA
Click on this shortened link to open the strategy in a browser, you can then copy and paste it into TI PRO using the Collaborate feature (found when you right click in a strategy window)
http://bit.ly/1MBG
Good luck.
I'd avoid this for a couple of reasons -
http://finance.yahoo.com/echarts?s=SSCCQ.PK#chart3:symbol=ssccq.pk;range=5d;indicator=sma(50,100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Most glaring is the crossover of multiple MAs: the 50 is below the 100 and both appear to be still above or right at the 200. Wait until this sorts itself out. Let's see it clear its mid-Jan level before looking long.
SSCCQ: http://www.trade-ideas.com/StockInfo/SSCCQ/SMURFIT_STONE_CONTAINER_CORP.html
It is unclear what timeframe you are looking for - but You want to use the Max Up filter and put a -5 in there (not the Min).
This way you are saying, 'the most a stock can be up, is to be down 5 or more candles'.
Try that.
This video might help too (it covers daily candlestocks but applies to what you are doing on a shorter timeframe)
http://www.trade-ideas.com/VideoHelp/Menu.html?video=Configuration%20Window:%20Up%20Days%20and%20Down%20Days
Please provide more details with your question. Are you stopping trades at 6:29 PST AM before the market opens? It is unclear what you are attempting to do.
THanks
D
Yes, you can do that.
Here's how:
We offer you the ability to designate the number of 'green' or up/ 'red' or down candles in a row across the 5, 10, 15, and 30 minute candles
http://www.trade-ideas.com/Help.html#WSF_MinUp5
We also let you specify the same for daily candles:
http://www.trade-ideas.com/Help.html#WSF_MinUp
Good luck. D
THe filter you mentioned is inside E*Trade's Power E*Trade Pro - inside the Strategy Scanner.
Several suggestions:
Take a look at the filters that allow you to place yourself any percentage away from the standard MA periods: http://www.trade-ideas.com/Help.html#WSF_MinMA200P
I think these alerts however are exactly what you are looking for: Moving average crossovers for different periods across different timeframes:
http://www.trade-ideas.com/Help.html#ECAY2
I will bring it to their attention and have them add it. Thanks!
Interesting request.
I came up with this strategy, "Drop After Extended High Volume"
http://bit.ly/7XncH
(Click on this link to open it in a browser, then copy the link and paste it into TI PRO using the Collaborate feature)
Good luck
Scale it down?
If you are looking for trades in the 1st 2 hours - just watch the scan during that time. Without any extra insight how you trade, I'm confident that you can goto Configure, tweak this set-up, or even create something new after a bit of time reading the Online Help or our blog.
Best,
D
There are no exponential moving averages in Trade-Ideas.
You can place all your stocks before they make the crossovers you are looking for.
Look under the filters that allow you to be a % or measure of volatility away from these benchmarks:
http://www.trade-ideas.com/Help.html#WSF_MinMA200P
Or you can even give a value for the distance between 8 and 20 period MAs (on a 2, 5, 15 min candles) or even the 20 and 200 period MAs (on the same timeframes)
http://www.trade-ideas.com/Help.html#WSF_Min5SmaLa200
These should help.