StockFetcher Forums · General Discussion · Stan Weinstein's Secrets For Profiting in Bull and Bear Markets<< 1 2 3 4 5 ... 10 >>Post Follow-up
Mactheriverrat
2,115 posts
msg #148250
Ignore Mactheriverrat
modified
6/23/2019 2:49:08 PM

Buy it and read it. Best book I've read in a very long time. Found out I was was buying stocks in stage 3 instead of stage 2. All these are using the weekly charts and the 30 day average be it MA20,EMA20 or WMA20.


Stan Weinstein's Secrets For Profiting in Bull and Bear Markets



davesaint86
503 posts
msg #148256
Ignore davesaint86
6/24/2019 8:40:21 AM

Bought a used copy a few years ago.

davesaint86
503 posts
msg #148257
Ignore davesaint86
6/24/2019 8:42:53 AM

https://www.chartmill.com/documentation.php/indicators/Weinstein-stage-analysis-in-chartmill?a=1125&cat=2


Mactheriverrat
2,115 posts
msg #148265
Ignore Mactheriverrat
6/24/2019 5:30:30 PM

Roger that Davesaint86.

Great link!

Mactheriverrat
2,115 posts
msg #148284
Ignore Mactheriverrat
6/27/2019 2:33:54 AM

On the 2nd re-read.

xarlor
74 posts
msg #148311
Ignore xarlor
modified
6/29/2019 10:13:54 PM

I started the book this weekend. I just read chapter 1 and decided to make a filter based on his five points on pages 25-27. Color me impressed.

Fetcher[
market is not etf
optionable
average volume(30) > 500000
low > 5

/* 1-2: General assumptions about price and volume */
close > open
close 1 day ago > open 1 day ago
volume > volume 1 day ago

/* 3: 30-week MA */
close > MA(150)

/* 4: Long-range background */
set{var1,high 1 day ago}
set{var2, high 3-year high 2 days ago}
set{NewHighs,count(var1 > var2,50)}
add column NewHighs
var1 > var2

/* 5: Relative-strength line */
Relative Strength(^SPX,150) > 1.5
30-day slope of Relative Strength(^SPX,150) > 0

draw ma(150)
draw high 3-year high
draw Relative Strength(^SPX,150)
do not draw var1
do not draw var2

]



Mactheriverrat
2,115 posts
msg #148312
Ignore Mactheriverrat
6/29/2019 11:05:51 PM

A simple chart to start will do. The wma(30) is the key. On can use MA(30) or even EMA(30). I like is Weinstein's use of plan ole simple chart on a weekly chart display.


Submit
Fetcher[
show stocks where weekly wma(30) is above weekly wma(30) one week ago
and weekly ma(10) is above weekly wma(30)
average volume(90) above 250000
add column weekly Volume
Price is below 30
market is not otcbb
market is not etf
set{x1, compare with ^SPX}
draw x1 line at 0
set{x2, cma(x1,52)}
draw x2 on plot x1

/* wma30 is number of consecutive days wma(30) above (+)/below(-) previous wma(30) */
set{3030b,days( weekly wma(30) is above weekly wma(30) one week ago ,250)}
set{3030a,days( weekly wma(30) is below weekly wma(30) one week ago ,250)}
set{3030, 3030a - 3030b} and add column 3030 {3030}
do not Draw 3030
Chart-display is weekly
set{cnt3030,count( weekly wma(30) > weekly wma(30) one week ago ,1)}
draw cnt3030

Set{cnt3030b,count( weekly wma(30) < weekly wma(30) one week ago ,1)}

draw cnt3030b
]



Mactheriverrat
2,115 posts
msg #148313
Ignore Mactheriverrat
6/29/2019 11:14:05 PM

The
set{x1, compare with ^SPX}
draw x1 line at 0
set{x2, cma(x1,52)}
draw x2 on plot x1

is a comparison with SPX but is don't show up right in sometimes.

There are some other links that have be posted that show Mansfield comparison.

Mactheriverrat
2,115 posts
msg #148314
Ignore Mactheriverrat
6/29/2019 11:21:56 PM

Here's 2 stocks.
SBLK - at a breakout.
GE - near breakout.
Not in SBLK but if GE can breakout I'm going to be in.



volvlov
32 posts
msg #148326
Ignore volvlov
7/1/2019 10:55:24 PM

I just received my copy. It really is an excellent book!

StockFetcher Forums · General Discussion · Stan Weinstein's Secrets For Profiting in Bull and Bear Markets<< 1 2 3 4 5 ... 10 >>Post Follow-up

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