The list is way to long. (at least for me to type ) but i put up some screen shots to let you see what it looks like http://members.dslextreme.com/users/sorak99/ Cool-trade is fully automated. ~G
I use stocks "2.00 and below" strategy and I got a fairly good return the first few months. but recently (very recently) im down a little bit. The less i watch it, the more i make. ~G
Are the Cool-trade strategies more suited for trending markets? How do they do in a choppy, sideways trading market? I'm worried that I'll just pay a lot in commissions by getting stopped out of trades and re-entering them unless my stops are wide enough.
The available Cool-Trade strategies are more or less examples. You can change them or make your own. You can create a strategy to trade a 100 dollar stock when the emini is less than 10. Or you can have it buy Microsoft when the Nasdaq jumps up 600 points. There is also a default Conservative Strategy that may trade a few times a week (depending on the market at the time). The beauty of Cool-Trade is that you make your own strategies. The trick is making a good one. There are four basic steps in creating a strategy in Cool-Trade. For a long strategy: 1. Setting rules for stock picks (or use your own portfolio) 2. setting rules for when to buy 3. Setting rules for when to add to your position (if desired) 4. Setting rules for when to sell So for a short example: 1. pick stocks thats 30 day average volume is greater than 1000000 2. buy those stocks when the 20 day EMA is greater than the 10 SMA 3. buy more of that stock if it falls 10% 4. sell that stock if i make 50 cent profit. Of course you can make it more complicated than that, and there are timers, lot sizes, stop losses and a couple hundred rules to choose from. ~G
Ok.... So I typed up the criteria to make rules. Yesterdays close price yesterdays open price yesterdays high price yesterdays low price yesterdays volume 2- day average volume 3- day average volume 4- day average volume 5- day average volume 10- day average volume 20- day average volume 30- day average volume 50- day average volume 200- day average volume 2- Day SMA 3- Day SMA 4- Day SMA 5- Day SMA 10- Day SMA 20- Day SMA 30- Day SMA 40- Day SMA 50- Day SMA 100 Day SMA 200 Day SMA Lowest Price during the previous 2 Days Lowest Price During the Previous 3 Days Lowest Price during the Previous 4 Days Lowest Price during the previous 5 Days Lowest Price During the Previous 10 Days Lowest Price during the Previous 20 Days Lowest Price During the Previous 30 Days Lowest Price during the Previous 50 Days Lowest Price During the Previous 200 Days Days Since the 2-Day Low Days Since the 3-day low Days Since the 4-Day Low Days Since the 5-day low Days Since the 10-Day Low Days Since the 20-day low Days Since the 30-Day Low Days Since the 50-day low Days Since the 200-Day Low # of Days the 2-Day Low has Not Changed # of Days the 3-Day Low has Not Changed # of Days the 4-Day Low has Not Changed # of Days the 5-Day Low has Not Changed # of Days the 10-Day Low has Not Changed # of Days the 20-Day Low has Not Changed # of Days the 30-Day Low has Not Changed # of Days the 50-Day Low has Not Changed # of Days the 200-Day Low has Not Changed Highest Price During the Previous 2 Days Highest Price During the Previous 3 Days Highest Price During the Previous 4 Days Highest Price During the Previous 5 Days Highest Price During the Previous 10 Days Highest Price During the Previous 20 Days Highest Price During the Previous 30 Days Highest Price During the Previous 50 Days Highest Price During the Previous 200 Days Days Since the 2-Day High Days Since the 3-Day High Days Since the 4-Day High Days Since the 5-Day High Days Since the 10-Day High Days Since the 20-Day High Days Since the 30-Day High Days Since the 50-Day High Days Since the 200-Day High # of Days the 2-Day High Has Not Changed # of Days the 3-Day High Has Not Changed # of Days the 4-Day High Has Not Changed # of Days the 5-Day High Has Not Changed # of Days the 10-Day High Has Not Changed # of Days the 20-Day High Has Not Changed # of Days the 30-Day High Has Not Changed # of Days the 50-Day High Has Not Changed # of Days the 200-Day High Has Not Changed Close Price 2 Days Ago Close Price 3 Days Ago Close Price 4 Days Ago Close Price 20 Days Ago Close Price 50 Days Ago Close Price 100 Days Ago Close Price 200 Days Ago Price Change Since 2 Days Ago Price Change Since 3 Days Ago Price Change Since 4 Days Ago Price Change Since 20 Days Ago Price Change Since 50 Days Ago Price Change Since 100 Days Ago Price Change Since 200 Days Ago Percent Change Since 2 Days Ago Percent Change Since 3 Days Ago Percent Change Since 4 Days Ago Percent Change Since 20 Days Ago Percent Change Since 50 Days Ago Percent Change Since 100 Days Ago Percent Change Since 200 Days Ago Consequtive Days Price Up Consequtive Days Price Down Consequtive Days On Up List Consequtive Days On Down List Highest Price 1 Day Ago Highest Price 2 Day Ago Highest Price 3 Day Ago Highest Price 4 Day Ago Highest Price 5 Day Ago Lowest Price 1 Day Ago Lowest Price 2 Day Ago Lowest Price 3 Day Ago Lowest Price 4 Day Ago Lowest Price 5 Day Ago Open Price 1 Day Ago Open Price 2 Days Ago Open Price 3 Days Ago Open Price 4 Days Ago Open Price 5 Days Ago close Price 1 Day Ago close Price 2 Days Ago close Price 3 Days Ago close Price 4 Days Ago close Price 5 Days Ago Volume 1 Day Ago Volume 2 Days Ago Volume 3 Days Ago Volume 4 Days Ago Volume 5 Days Ago FUNDAMENTAL DATA Price Earnings Ratio 52-Week High 52-Week Low Calendar Year High Calendar Year Low Divident Yield Divident Amount Current Year EPS Next Year EPS 5 Year Growth Rate Institutional Ownership Percent Beta Current Assets Current Liabilities Long Term Debt Common Shares OUtstanding Historical Volitility TECHINIAL INDICATORS (select by value) Average True Range(14) Bolinger(2,5,20) Bolinger Upper Bolinger Middle Bolinger Lower Commodity Channel Index(20) Exponential Moving Average(14) MACD(12,26,9) Macd Value MACD Signal Line Moving Avg High Low(14) MAHL High MAHL Low Momentum(14) On Balance Volume(0) ObVol Breakout ObVol Field Trend Pivot Points Pivot Resistance1 Resistance2 Support1 Support2 Rate of Change(100,14) Relative Strength Indicator(14) Random Walk Indicator(14) RWI High RWI Low Stochastic(14) Stochastic Rawk(14) Stochastic SlowD(14,3,3) Stochastic FastD(14,3) TECHNICAL INDICATORS (select bullish/bearish) Total Number of Bullish Indicators Total Number of Bearish Indicators .Bollinger Bands .CCI .Exponential Moving Average .HPR .LSM .MACD .MAHL .Momentum .On Balance Volume .ROC .Relative Strength Index .RWI .Stochastics CANDLESTICK FORMATIONS .AbandonedBabyTop .BeltHoldLineBull .EngulfingLineBull .Hammer .HaramiCrossWhite .HaramiWhite .Inverted Hammer .MorningDojiStar .MorningStar .PiercingLine .Rising3Method .SeperatingLineBUll .SideBySideWhiteGapUp .TasukiUpsideGap .ThreeGapsDown .ThreeWhiteSoldiers .AdvanceBlock .BeltHoldLineBear .DarkCloudCover .EngulfingLineBear .EveningDojiStar .EveningStar .Falling3Method .GravestoneDoji .HangingMan .HaramiBlack .HarmiCrossBlack .InNeckline .SeperatingLineBear .ShootingStar .SideBySideWhiteGapDn .StalledPattern .TasukiDownsideGap .ThreeGapsUp .UpsideGap2Crows These are the criteria to pick a stock. You pick one of these then in the middle screen there is a list: greater than, less than, greater than or equal to, less than or equal to, or equal (bullish and bearish for candelsticks), and a list of critiera on the right side. Then you have yourself a rule. You can have as many rules as you want. So you can put 2 day average volume is (Insert any Number including 0) less than the 3 day average volume as a rule. Thats about it for picking a stock. Opening a new position has a few extra rules, that account for times of the day and personal preferences, for example if you prefer the morning activity to the afternoon lull. Thats about it. Anyone want to help me make a scalping strategy? ~G
I thought I saw on the site you could purchase other members "strategies" or just use one of the "provided" ones. Any success with either? Is there a results page for each strategy?
Actually there are 4 default strategies (2 long and 2 short) and 10 on the website for purchase (5 Long and 5 Short). They used to cost a few bucks but I guess they are free for right now . Anyway, to answer your question there is a page that tracks your stats for strategies created or downloaded. When i first started, I created a scalping strategy that was working well in an up market, but it didn't do so well in a down market, and was horrible in a choppy sideways market. (Speaking about a single day time frame.) So then i created a Short Strategy for the down markets. Now i had a great Long and Short Strategy, but now when the market shifted from one to the other it didn't work so well. So I gave up trying to find and am now using a downloaded strategy which works well ($1,560 profit in 17 business days, average daily draw of $17,655). but im still trying to create that magical strategy that spits money. Results page is at the end of each strategy wizard.