StockFetcher Forums · Filter Exchange · How to find a stock which makes 1500% move in a year << >>Post Follow-up
ham1198
174 posts
msg #49992
Ignore ham1198
2/13/2007 11:29:13 AM

...saw this on a blog. is it possible to create a filter? i don't have the smarts in programming. thanks.

How to find a stock which makes 1500% move in a year

Difficulty: Easy
If you want to beat the market by significant percent track and trade the significant moves in the market.

Instructions:

Use any of your favorite stock investing software. This example assumes excel based system.
Calculate the lowest close for a stock in last 260 days. If a stock has less than 260 days data calculate lowest close for those many days.
Calculate percent change from lowest close and select stocks which had 100% plus growth
Calculate highest closing price in last six months for those stocks . Only take stocks whose current price is within 25% of highest 6 month close.Correcton: Find the highest price in the 100% move and only take stocks which are within 25% of that highest price.
So this is your trading universe of stock which have made significant move of 100% or more and are as of today within 25% of six month high
Use a significant one day move scan on these stocks. e.g. say a 5% move ( 100 * (C - C1) / C1) >= 5 AND V >= 1000 AND V > V1)
Buy next day with 1% risk and stop below the low of previous two days bar
Trail with 5% stop
If you get stopped buy again on next breakout

Tips & Warnings:

When you have a choice of candidates to enter, enter the newest member to the list first
If you want to follow technical analysis you will find several cup and handles, double bottom at top of range, W formations, triangles, bull flag, flat bases and all other esoteric patterns.

If you play around with entry techniques you will get better results
You can play around with position sizing and holding a portfolio of around 50 positions with a 2% position each.

561 posts
msg #50000
2/13/2007 3:04:13 PM

Fetcher[set{52pct, high 52 week high / low 52 week low}
set{clval, close / low 52 week low}
set{difdiv, clval / 52pct}
set{difx100, difdiv * 100}
set{clzx13, count(close crossed above ma(13) in the last 1 day,1)}
set{rs2xrs5, count(rsi(2) crossed above rsi(5) in the last 1 day,1)}
set{rs5a50, count(rsi(5) > 50 in the last 1 day,1)}

close between 1 and 12
volume > 500000
difx100 > 75
52pct > 1.

sort column 7 ascending

do not draw difx100
draw clval on plot 52pct
draw ma(13)
draw rsi(2) on plot rsi(5)
]

ham1198
174 posts
msg #50001
Ignore ham1198
2/13/2007 4:12:12 PM

safety, thanks for your help. lrt's see how this one does. i like putting in these 3 "muddy" basic to look for divergence. he posted awhile back about this.

thanks again. maybe tro will throw in his 2 cents.

slotmarket
59 posts
msg #50008
Ignore slotmarket
modified
2/14/2007 3:03:52 AM

This filter kicked out over 140 stocks in each of the last 6 days. It would be more useful if it was one tenth of that. Maybe adding a carefully chosen indicator or two is what it needs. I'll monkey around with it and I hope others will do the same to see if the filter really is useful or not.

 Railwhore69 postsmsg #50061- Ignore Railwhore 2/16/2007 2:11:03 AMAverage Volume(90) should be above 500000. PE > 1 is a great addition also. These 2 items trim it to 45 results.
Railwhore
69 posts
msg #50062
Ignore Railwhore
2/16/2007 2:11:56 AM

date offsetting this filter really shows some gems...Hmmmmmmm

Muddy
55 posts
msg #50063
Ignore Muddy
2/16/2007 7:19:34 AM

Fetcher[set{52pct, high 52 week high / low 52 week low}
set{clval, close / low 52 week low}
set{difdiv, clval / 52pct}
set{difx100, difdiv * 100}
set{clzx13, count(close crossed above ma(13) in the last 1 day,1)}
set{rs2xrs5, count(rsi(2) crossed above rsi(5) in the last 1 day,1)}
set{rs5a50, count(rsi(5) > 50 in the last 1 day,1)}

close between 1 and 12
volume > 500000
difx100 > 75
52pct > 1.

sort column 7 ascending

do not draw difx100
draw clval on plot 52pct
draw ma(13)
draw rsi(2) on plot rsi(5)
average daily volume(90)is greater than 500000
and PE > 1
offset is 2/12/07
and average day range is greater than 3
]

Adding average day range to reduce matches while cutting down on "sideways" trades.
IF you have a filter you trust this a way to raise the risk/reward ratio.

ham1198
174 posts
msg #50064
Ignore ham1198
2/16/2007 8:41:57 AM

...i should have put this in my first post. please find below the Blog where i found this trading pattern. maybe someone will pick up something:

http://stockbee.blogspot.com/

good luck. this does pick up some nice picks.

561 posts
msg #50090
2/17/2007 9:57:58 AM

The reason date offsetting looks good is all of these stocks are winners. The scan from the "Stockbee" blog looks for stocks that have made at least a 100% move in the last 260 days days, that are within 25% of their high. That still begs the question of "when to enter". My version of that scan returns a large number because it returns all of those stocks that meet that criteria.

Stockbee says "Use a significant one day move scan on these stocks. e.g. say a 5% move ( 100 * (C - C1) / C1) >= 5 AND V >= 1000 AND V > V1)" to find your entry points. I have included two entry points that can be used. Close that crossed above Ma(13) and RSI(2) crossed above RSI(5). They are represented by the stocks that returned a 1 under the heading of 1) clzx13 close and 2) rs2xrs5. Sorting by these qualifiers would bring these to the front as they are significant events for these stocks.

They are not the only events which could be flagged. Some are close crossed above ma(30), ma(13) crossed above ma(26), close crossed above ma(50) and on and on. I also like looking at the list to see what stocks are moving and if you include industry, what industries are being favored. This list makes your selection world filled with winners, but it still boils down to selecting the right stock at the right time to enter.

May all your completions be long. (Daryl Lamonica)

 StockFetcher Forums · Filter Exchange · How to find a stock which makes 1500% move in a year << >>Post Follow-up

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