Boolean algebra inside.

Discussion in 'Professional Trading' started by Kurgan, Oct 9, 2012.

  1. you are correct.

    I have created an accurte RS filter for TN.

    there you see the Universe is about 95 stocks.
     
    #241     Nov 6, 2012
  2. To have the proper sorting using a filter, the EPS and RS percentiles are very important.

    for the RS use two points in about a year.

    The description of the formula is on page 30 of "24 Essential Lessons....."

    The TN looks like a 65 day something and seems to relate to a shochastic maybe. The indicators on TN are set to a pre PC era for come reason. Be careful since there is no synchronicity.

    the formula to use is:

    RS standard = ((close.240 -close) / close.240) * 100

    It is expressed as a percent and it is NOT expressed as a sorted percentile value. But the formula used as a criteria can be sorted as a percentile by using the percentile gizmo on TN filtering.

    Our objective is to have a qualified Universe where stocks all look a like.

    the top of the list is attached.
     
    #242     Nov 6, 2012
  3. this is the bottom of the list.
     
    #243     Nov 6, 2012
  4. How can I download or reproduce that filter?

    Next steps:

    1. Those 95 stocks need to get a PVAD score.
    2. DU, FRV and PKG need to be calculated.
    3. Stocks with a PVAD score of 0 AND volume < DU need to be ranked
    4. Those stocks with highest ranks go to a hotlist
    5. Stocks in hotlist are monitored the next day to see if volume reaches FRV in the first 1.5 hours of the trading day.
     
    #244     Nov 6, 2012
  5. Here is a pic of a stock that followed the one pager today.

    this is the EOD shot on a daily chart.
     
    #245     Nov 6, 2012
  6. Once a person has a Universe to look at, then he can watch the DU stocks in the Universe.

    this shows the contrast on a 5 min chart of how trading goes.

    Probably no one would have had cash on hand to handle this gap up on open.

    A part of having great stock on a universe is seeing this going on in the first place.

    you make the Universe and watch the stocks on the Universe.
     
    #246     Nov 6, 2012
  7. For whatever unexplainable reason my result looks different.
     
    #247     Nov 6, 2012
  8. The RS standard calculation...
     
    #248     Nov 6, 2012
  9. For 1. set up a filter to give you the 1's ans 0's on the three items. Then put in a column for the score. It is a two or three level process because you have to create functions ETC..

    Then this column can be X ferred to any list.

    For 2 take a look at the lists. they show the calculated values in columns.

    Do ranking on a filter as well. The IAS is difficult to produce automatically so you have to think about it. I sketched out five pages of math while waiting for an eye exam (I have artificial eyes these days so they have to be closely monitored.

    I will post the ranking filter for you to come to understand how to convert principles and rules into platform languages.
     
    #249     Nov 6, 2012
  10. very very good work


    You can see the places where things are different.

    the biggest is where shares float.

    I used 5 million and 60 million yours shows % instead.
     
    #250     Nov 6, 2012