bman99
6 posts
msg #113085
- Ignore bman99 |
5/2/2013 8:05:05 AM
I am not sure I have your answer but I did run each of the filters and they have different results.
The Composite SPX index filter (pg 22) shows a composite score of 1 with just one item checked (arup6div which is the aroon up indicator). And, the cmf14div indicator (Chaikan money flow) is NOT checked.
However, the Composite SPY filter from the second page shows a composite score of 2 with two items checked. (arup6div - aroon is checked). But, the cmf14div (Chaikan Money Flow) IS checked.
Thus, there is a difference and you may be right about Chaikan. Hopefully others can shed more light. Thanks.
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mahkoh
1,065 posts
msg #113094
- Ignore mahkoh |
5/2/2013 3:42:27 PM
You are corrct regarding the CMF filter. As SF does not have volume data on indices the CMF filter will not trigger
1. Money Flow Multiplier = [(Close - Low) - (High - Close)] /(High - Low)
2. Money Flow Volume = Money Flow Multiplier x Volume for the Period
3. 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume
This filter uses SPY for the CMF filter:
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amar635
5 posts
msg #113110
- Ignore amar635
modified |
5/3/2013 12:51:58 PM
Kevin,
Filter can be used for any stock or it is only for ETF or only for SPY
Regards
Ajk
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Kevin_in_GA
4,599 posts
msg #113112
- Ignore Kevin_in_GA |
5/3/2013 2:56:45 PM
Only for the ^SPX. Substituting other stocks or ETFs using these specific settings will likely result in losing money.
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amar635
5 posts
msg #113114
- Ignore amar635
modified |
5/3/2013 3:04:09 PM
Could you please provide any filter program that I can use to filter the stocks. I am new to Stock Fetcher ..
i am struggling to understand the product ..
If possible, could u please provide some details for the filter also. (I meant hot it will work).
I will really appreciate your help
Regards
ajk
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jackmack
334 posts
msg #113115
- Ignore jackmack |
5/3/2013 3:28:28 PM
amar
Do not use this filters set for anything other than S&P 500.
Kevin has done extensive work on this and the divergences only work on with the S&P.
I struggled to understand how it worked as well for some time and my best advice would be to just
review the signals at the end of the day. Do not look back and try to figure it out just pick up from today
and go forward - watch the signals as they develop nightly for a month or two maybe even three so you
can see what is going on - then maybe then - start trading it BUT you need to watch first then you will understand.
Trust me I know what I am talking about here on this one ;-)
There are many great people here who are willing to share their knowledge and this filter from Kevin is stellar.
Cheers
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amar635
5 posts
msg #113116
- Ignore amar635 |
5/3/2013 3:43:17 PM
Thanks Jack
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jackmack
334 posts
msg #113117
- Ignore jackmack |
5/3/2013 3:48:08 PM
amar - as an aside the spreadsheet that frsrblch generously provided is quite stout as well if you are looking for a way to use this as a combined signal set.
Cheers
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amar635
5 posts
msg #113118
- Ignore amar635 |
5/3/2013 4:15:00 PM
what is frsrblch and where I can find ..
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DMUNCASTER
34 posts
msg #113119
- Ignore DMUNCASTER |
5/3/2013 4:17:16 PM
Kevin_in_GA: I am returning to Stock Fetcher after 3 or 4 years. I left to use Portfolio 123, because you could integrate so much fundamental data in their simulations. I had systems that backtested great, but didn't make significant money when I traded them.
I notice that you are still a member and helping evberybody and that The Rumpled One is still producing long complicated filters that make no money.-- a very personal and perhaps too rude a question that you , of course, can refuse to answer. Do you make any consistent actual money with any of your systems or do you just like to work with systems and help others?
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