Spydertrader's Jack Hershey Equities Journal II

[Spydertrader]

Quote from CDNPatriot:

I ran Version 3.0 using wealthlab but in the scan results I don't see any rankings of stocks.

Attached please find a ranking for HANS using Hershey Equities Rank v. 3.0.0 at the Wealth-lab.com web site.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1015967>

 

[mischief]

4X,

Check that in when you explore that your timeframe is set to daily in automatic analysis as well. Screen shot of my exploration below. Sorry for the dodgy image, tried 4 different formats and it still didn't work properly...



<a href="http://imageshack.us"><img src="http://img142.imageshack.us/img142/1830/hershey7sb.png" border="0" width="614" alt="Image Hosted by ImageShack.us" /></a>

 

[4XIS4U]

mischief, attached are screenshots with my settings (will post 2 entries). I'm using IB as backfill.

Thanks for your help.

 

[4XIS4U]

mischief, here's the second screenshot.

 

[Spydertrader]

Dry Up Stocks - Wednesday

CTHR FORD IIJI NTRI SFCC

- Spydertrader

 

[CDNPatriot]

Thanks for your help Spyder. Great Journals by the way. Both of them.

Just trying to create a strategy on how to best use this strategy as an EOD.

"Using Medved Quotetracker, Qcharts or similar charting software create a watchlist or portfolio of the stocks in Dry Up for that day and set alerts for low band volume for each symbol. Set the chart to monitor on a 30 minute time frame. Add the following under the candlestick price chart: Volume, MACD Histogram (5,13,6), and Stochastics (14,1,3)."

Is there any script for wealth-lab that will create a limit order based on those criteria that can be placed in the morning before the markets open?

 

[mischief]

4X,

Found the problem. The filter line is a hangover from when I was playing with ASX Stocks.

Change:
Filter = rank > 0 AND C > 1 AND EMA(V,65) > 50000;//IIf(FilterType,inDu,Rank >0);// AND (JDU1 OR JDU2 OR JDU3 OR JDU4);

to:
Filter = IIf(FilterType,inDu,Rank >0);
or simply
Filter = rank >0;

The 'filtertype' bit was from when I was trying to create a 'complete' AFL file where I could scan for dry up volume and rank in the same file. I had a couple of issues with it and realised I was over-engineering a solution. Now I just run the exploration in the DUVol.afl to look for dry up and the Hershey Complete.afl to test for rank.

One day I'll probably re-do the Hershey Complete.afl file and get rid of half of the extraneous stuff. Unfortunately, I love to tinker and the filter problem was demonstrative of that..

 

[Spydertrader]

Quote from CDNPatriot:

Thanks for your help Spyder. Great Journals by the way. Both of them.

I hope you continue to find them useful.

Quote from CDNPatriot:

Just trying to create a strategy on how to best use this strategy as an EOD.

Several individuals used an EOD method in Journal One. I cannot recall their exact methods off the top of my head, but they seemed to profit from them if memory serves me correctly. You might review Journal One in an effort to send a PM to those individuals as to how they performed order placement. When I traded these methods part time. I set alerts in Quotetracker to email my mobile phone. I then phoned in an order to my broker. With the many improvements made to Quotetracker over the last year, you should be able to set up something even better to alert you via SMS or email while away from your home system.

Quote from CDNPatriot:

Is there any script for wealth-lab that will create a limit order based on those criteria that can be placed in the morning before the markets open?

The best way to go about such a strategy is to draw in some channels (see Nwbprop's posts in Journal One) and place a limit order with your broker prior to the open - complete with trailing stop. Make sure you have a way to monitor during the day which will allow you to intervene in circumstances which require immediate action.

Good Trading to you.

- Spydertrader

 

[4XIS4U]

Quote from mischief:

4X,

Found the problem. The filter line is a hangover from when I was playing with ASX Stocks.

Change:
Filter = rank > 0 AND C > 1 AND EMA(V,65) > 50000;//IIf(FilterType,inDu,Rank >0);// AND (JDU1 OR JDU2 OR JDU3 OR JDU4);

to:
Filter = IIf(FilterType,inDu,Rank >0);
or simply
Filter = rank >0;

The 'filtertype' bit was from when I was trying to create a 'complete' AFL file where I could scan for dry up volume and rank in the same file. I had a couple of issues with it and realised I was over-engineering a solution. Now I just run the exploration in the DUVol.afl to look for dry up and the Hershey Complete.afl to test for rank.

One day I'll probably re-do the Hershey Complete.afl file and get rid of half of the extraneous stuff. Unfortunately, I love to tinker and the filter problem was demonstrative of that..

Works great now ! Thanks again mischief.

 

[chapper]

I saw on one of the journals to PM SRVZ about a free month of QCharts. Is this any different than the free month being offered on the QCharts.com website?

Ideally, I would like to test it out without giving out my Credit card number Knowing me, I would forget and get charged, hehe.

Also, does anyone know of any charting programs that can alert on the Stochastics or MACD values?

thx in advance