looking for software

Yes and I do not know python and all that, I need to spend my time on idea generation rather than learning to code, if I was 20 yrs younger it might be a different story.
 
Roddog101 said:
Looking for software or platform that provide a query type system,
for example
1. Find list of stocks say down x days in row.
How many times has XYZ stock been down 4 days in a row for past xx years.
What was XYZ stock performance the following day after being down 4 days in row, whats was the performance 2 days after, 5 days after etc etc.

2. How many times XYZ was down 6% in a day.
What was XYZ performance the following day, 2 days, 3 days etc.

3. How many times was XYZ stock down 15% in any 10 day period.
What was performance the following 5 days etc.

You get the idea, I see a few stat guys posting this kind of info in various places.
I assume you could query this somehow using python?
I do not have the technical expertise to do this but if nothing is avail would python be what I would have to learn?
More...

Reason it took me so long to learn how to scalp and trade commodities was I didn't want to learn how to program. Why would off the wall ideas be on whatever free retail scanners? I suggest take a few years and get good in programming, then you won't have to pay anyone. Go to college computer labs often and people who run them are very gifted so long as they see you working at it.
 
Handle123 said:
Reason it took me so long to learn how to scalp and trade commodities was I didn't want to learn how to program. Why would off the wall ideas be on whatever free retail scanners? I suggest take a few years and get good in programming, then you won't have to pay anyone. Go to college computer labs often and people who run them are very gifted so long as they see you working at it.
More...
Intereasting and I have thought about that before, will it really take 2 yrs? And after being in this for over 30 yrs I know I have some stuff that would actionable,, so it was worth it for you huh? Can you give me a few examples in general terms, your reply makes so much sense, if it was on a freebie scanner every dreamer and fibbanerd and their brother would make it useless in weeks.... Make a lot of sense. I just wished there was a faster path...
 
Roddog101 said:
Is there not something out there I can use that wont require me to learn python? I hate to go thru that learning curve as I am older
More...

I am older, too (75). I learned TradeStation in a couple of weeks. It can do pretty much any sort of scan or inquiry you can imagine. Furthermore, they have a user forum that is free. People will help you.
 
Roddog101 said:
Looking for software or platform that provide a query type system,
for example
1. Find list of stocks say down x days in row.
How many times has XYZ stock been down 4 days in a row for past xx years.
What was XYZ stock performance the following day after being down 4 days in row, whats was the performance 2 days after, 5 days after etc etc.

2. How many times XYZ was down 6% in a day.
What was XYZ performance the following day, 2 days, 3 days etc.

3. How many times was XYZ stock down 15% in any 10 day period.
What was performance the following 5 days etc.
More...
You may be able to do something like this with a canned backtesting product like Trade Ideas "Oddsmaker." Have you heard of it?

My experience with the product is extremely limited -- may have done the free trial years ago, but already had strategies I was pursuing, and wasn't really interested in developing new ones. But it did seem pretty cool, and a trader I was familiar with appeared to do very well with it. I believe he actually became affiliated with them.

They have a number of built-in filters that I believe were along the lines of the metrics you're describing, and you could combine them in various ways. They also had a large suite of technical indicators that you could similarly use in combination. Basically, you use the menu to select your own combination of metrics, plug in timeframes and entry triggers, and then it would spit out statistical results. It wasn't "cheap," but as mentioned, I believe they offer a free trial. Also think their support will help you find or even develop filters to match your needs.

If you do try it, even if only on a trial basis, please let me know how it worked for you,

(Full disclosure: I'm not endorsing the service or product, am not affiliated with them in any way, and don't receive any type of direct or indirect benefits from them.)
 
Look at a very simple program Worden TC 2K, I use this for scanning and this can be done in real time if needs be. PCF's personal criteria formula's, Price is > $20 and Volume AVG 12Days> 1MM and Money Stream declining( every imaginable ) scenarios you can do including scanning for candlesticks, etc..The only drawback is pivot points, fibs, extensions, isn't available.
 
You must log in or register to reply here.
Back
Top