I finished a new version of the Hershey scan utilities. The DryUp scan now displays the Average DU as well as LBDU and FRV (thanks for the suggestion, swingtrader123) and some big bugs were fixed with the fullscan (it wasn't checking for rank, d'oh!). By default, it now displays a lot more logging messages, so will hopefully let people see what's going on when it disappears for four or five minutes at a time And finally, some people have asked for some usability improvements, but I was not able to add these at the moment. My focus is on trading, not coding, and so I've got something which I find very useful with many handy features and left it at that. From some screen captures, it looks like others are working on programs which may do 90% of what these utilities do, and with a lot more glitz and glamour. So if you want something shiny, you can wait for them to release their code, but in the meantime, I hope you'll find these useful. http://www.michabo.com/files/hershey_scan-1.0.zip From the README: ------------------ This is a collection of utilities that help traders with the Jack Hershey Method. It is written by a programmer, for programmers. All of the scripts run as command-line utilities and are meant to ease the sometimes mundane or tedious details of scanning. They do not have much error handling or informative messages. I've made efforts to see that it will be relatively bug-free, and if a problem arises, it will not be destructive, but I make no guarantees. Traders beware. Otherwise, enjoy! To install the utilities: 1. extract the zip file into a new directory, <dir>\hershey_scan 2. Confirm that you have 'Java 5' installed on your computer. Open up a command window (Start > Run > cmd) and type the command 'java -version' and make sure the version is 1.5 or higher: C:\tools\init_scan>java -version java version "1.5.0_07" Java(TM) 2 Runtime Environment, Standard Edition (build 1.5.0_07-b03) Java HotSpot(TM) Client VM (build 1.5.0_07-b03, mixed mode, sharing) If this doesn't work or you have an older version, you need to install the latest version of Java from http://java.com/en/download/index.jsp. 3. Configure the wealth-lab.com and stocktables.com properties: In your new directory, open 'WealthLab.properties' in your favourite text editor. Modify the following properties: wealth-lab.com.username wealth-lab.com.password stocktables.com.username stocktables.com.password Confirm that the following properties match your values: wealth-lab.com.initial-universe = Hotlist wealth-lab.com.final_universe = Final Universe The first is the name of the temporary hotlist, into which the results of the stock-tables.com scan will be placed in order to scan for rank. The second is the final universe which will be scanned for dryup, earnings, and Bruno R setups. You may also wish to modify: stocktables.RS = 70 stocktables.EPS = 70 Currently I have these set low in order to get a suitably large final universe. You should adjust these based on your own risk preferences. 4. OPTIONAL: all logging is done using log4j (http://logging.apache.org/log4j/docs/index.html). I have enabled debugging output by default as it lets me track what is going on, in case something stalls unexpectedly. If you find this distracting, you can change the logging level or disable logging entirely. To do this, edit log4j.properties and change "log4j.rootLogger=DEBUG, simple" to be "log4j.rootLogger=ERROR, simple" (the logging level may be FATAL, ERROR, WARN, INFO, or DEBUG, in decreasing level of priority). To run the utilities: 1. Scan your wealth-lab.com final universe for dry up stocks: Run 'dryup.bat' 2. Print a list of all of the earnings dates for all of the stocks in your wealth-lab.com final universe: Run 'wl-earnings.bat' 3. Log on to stocktables.com, scan for stocks with high EPS and RS, filter these based on their float and average volume, compare this list with your wealth-lab.com final universe, and add any stocks which may be missing. Run 'fullscan.bat' If you have any problems, questions, or feature requests, PM me on elitetrader.com as user 'foible'.
Man, these details kill me. This is why I have to do everything in code - I always forget step 2 of 13... I slipped up in the build and copyed the wrong JAR file across. The new and updated ZIP file is: http://www.michabo.com/files/hershey_scan-1.0.1.zip Otherwise, the directions are the same. Pardon for the repeated confusion. (And thanks to swingtrader123 for catching this.)
This software looks good too qx... Any word on a Release date or should we request via PM? thanks in advance
It is not finished yet. I am working hard on that. I hope that it will be available soon. This software was inspired by this forum and will be free released to all members of this forum.
According to the feedbacks from some users, I have updated the app to post both list in tabular format and sort by symbol name. Now it contains the following columns: symbol dry up flag lower band average du upper band frv peak average volume eps float eps date insider percentage I only trade NAZ so I filtered out other exchanges from stocktables.com Happy trading, Eneratom http://www.networknt.com/wiki/index.php?title=Final_Universe
In Jack Hershey Method the correctness of historical volume data is so important that without it we could get a wrong DU, FRV, and PV. Some (or many) of quotes providers or websites adjust only price data when a stock split occurs. For example the volume data in Wealth-Lab is not adjusted for a stock split. Anyway in my software both the price and the volume data are adjusted using appropriate split and dividend multipliers, adhering to CRSP (Center for Research in Security Prices) standards. So I hope we get a right DU, FRV and PV.
My DU list for today: ANDE BBC CBEY CTRN EMKR ENG FTEK GIGM GROW IIG NEU Bruno R's: CBEY COGO CTRN DXPE ENG GMXR HANS LMS NTG XING