TRO TRAVEL GUIDE

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11418
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

TRO TRAVEL GUIDE

Postby TheRumpledOne » Mon Jun 16, 2008 4:25 pm

_TRO_TRAVEL_GUIDE

Image


_TRO_TRAVEL_GUIDE displays the real time travel statistics.

I coded it for the RUN FOREST, RUN (RFR) stocks that my RFR stockfetcher filter selects.

BOUNCE ( low to close )

DROP ( open to low )

RUN ( open to high )

PULLBACK ( high to close )

Reporting the distance the price travelled as a percentage of the open price.

How to trade using the TRAVEL information?

Think about it...

Market opens, stock starts to move up and you enter...

Price reaches average RUN, time to sell part of your position to lock in profit.

Price stalls and you exit the rest.

Price now drops below open to the average drop, you enter part of your position because price stalls.

Price drops more, stops and reverses, you can enter the rest of your position or wait.

Price bounces back to average bounce. You exit again.

Two trades, both profitable, more than 2% gains.

Do this every day and YOU'RE RICH!


_TRO_TRAVEL_GUIDE will be sent to those who have made a CONTRIBUTION/DONATION to my PayPal account.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

daybuck
rank: <50 posts
rank: <50 posts
Posts: 7
Joined: Wed Feb 03, 2016 10:08 pm
Reputation: 0
Gender: None specified

Re: TRO TRAVEL GUIDE

Postby daybuck » Wed Feb 03, 2016 11:18 pm

Mr. Horton....not sure that this will find you but have attempted to find you thru kreslik.com,youtube, etc to ask you a question about a scan you wrote many moons ago on stockfetcher. The travel guide has really been a money maker and the coding is brilliant, so to begin with thank you! The use of the "travel guide" as I understand it, is to run the scan after market opens. My question is about the targets that are produced occasionally. It appears that depending on the time of day (10am or 2pm EST) the targets seem to move. Also, occasionally the targets will be wrong. For example the drop target is higher than the current close or the run target lower than the current price, pullback higher than the run target,etc. Is this something that is a result of continuously running it through the day instead of just once? Is there a fix? Just trying to wrap my head around why it is doing what it is doing.
Again, my apologies for intruding into your life. Miss you on stockfetcher. Thank you for all the help you have provided to the multitudes on stockfetcher and best of luck to you and yours. Thanks

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11418
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: TRO TRAVEL GUIDE

Postby TheRumpledOne » Thu Feb 04, 2016 4:52 pm

Hello:

I am not sure what TRAVEL GUIDE filter you are referring to.

Post the stockfetcher link or code here so I can answer your question.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

daybuck
rank: <50 posts
rank: <50 posts
Posts: 7
Joined: Wed Feb 03, 2016 10:08 pm
Reputation: 0
Gender: None specified

Re: TRO TRAVEL GUIDE

Postby daybuck » Thu Feb 04, 2016 5:59 pm

Finally.. I am honored to have the privilege to communicate with you. Thanks for your attention and response. The following is the code:

/* TRO STAT SCAN - TRAVEL GUIDE - TARGET EDITION */

set{xRange, high - low}
set{AvgRng, cma(xRange,5) }

set{HiOp, High - Open }
set{RunPCT, HiOp/open }
set{AvgRun5, cma(HiOp,5) }
set{RunTgt, open + AvgRun5 }

set{HiCl, High - Close }
set{PBPCT, HiCl/open }
set{AvgPB5, cma(HiCl,5) }
set{PBTgt, High - AvgPB5 }

set{ClLo, Close - low }
set{BouncePCT, ClLo/open }
set{AvgBounce5, cma(ClLo,5) }
set{BounceTgt, Low + AvgBounce5 }


set{OpLo, Open - low}
set{DropPCT, OpLo/open }
set{AvgDrop5, cma(OpLo,5) }
set{DropTgt, Open - AvgDrop5 }

set{Green, count( close > open , 100)}

set{B10A, count(RunPCT > .10 , 100)}

set{A10A, count(RunPCT > .10 , 1)}
set{chg, sum( A10A - A10A 1 day ago ,5)}

and add column separator
and add column RunTgt
and add column DropTgt
and add column BounceTgt
and add column PBTgt

and add column separator
add column RunPCT{R(today)}

add column PBPCT{P(today)}

add column DropPCT{D(today)}

add column BouncePCT{B(today)}

/* SELECTION CRITERIA */

apply symlist(qqq,iwm,nflx,fb,gild,aapl)

sort column 1 Ascending

I added stocks/etf's I like to trade. There is not always a problem but more often than not the issue arises. For example, today at 12:30pm I ran the scan. For IWM, the current price (delayed on stockfetcher) was 100.80, the run target was 101.20 and the pullback target was 101.24......
Sometimes there is an even greater difference in the returns that just make no sense, almost to the point that it looks like the numbers should be reversed.....
Should the scan only be run one time during market hours or can it be run multiple times during the day? What if, after the scan is run in the morning after market opens, the target high is hit for example and you take the trade short and later exit the trade, the stock reverses and later in the day hits a new high.....can the scan be run again for a new trade or is it just accurate with today's open price for the entire day? Sorry to ramble. Hope you understand my question. Thank again for the attention.

daybuck
rank: <50 posts
rank: <50 posts
Posts: 7
Joined: Wed Feb 03, 2016 10:08 pm
Reputation: 0
Gender: None specified

Re: TRO TRAVEL GUIDE

Postby daybuck » Mon Feb 08, 2016 9:05 pm

TRO......?

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11418
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: TRO TRAVEL GUIDE

Postby TheRumpledOne » Wed Feb 10, 2016 5:30 pm

This filter should be run when the market is CLOSED not during the day. The reason is it takes DAILY AVERAGES... if you run it when the market is open, the results get skewed.

The filter "predicts" targets... how far a stock will run, drop, bounce and pull back.

Run it at night after market close and use the results for the following day.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

daybuck
rank: <50 posts
rank: <50 posts
Posts: 7
Joined: Wed Feb 03, 2016 10:08 pm
Reputation: 0
Gender: None specified

Re: TRO TRAVEL GUIDE

Postby daybuck » Thu Feb 11, 2016 12:10 am

OK. I'm confused Here is what you wrote on stockfetcher...6/20/2008 1:39:58 PM

*** USE THIS WHILE THE MARKET IS OPEN ***


Submit Fetcher[
/* TRO STAT SCAN - TRAVEL GUIDE - TARGET EDITION */

set{xRange, high - low}
set{AvgRng, cma(xRange,5) }

set{HiOp, High - Open }
set{RunPCT, HiOp/open }
set{AvgRun5, cma(HiOp,5) }
set{RunTgt, open + AvgRun5 }

set{HiCl, High - Close }
set{PBPCT, HiCl/open }
set{AvgPB5, cma(HiCl,5) }
set{PBTgt, High - AvgPB5 }

set{ClLo, Close - low }
set{BouncePCT, ClLo/open }
set{AvgBounce5, cma(ClLo,5) }
set{BounceTgt, Low + AvgBounce5 }


set{OpLo, Open - low}
set{DropPCT, OpLo/open }
set{AvgDrop5, cma(OpLo,5) }
set{DropTgt, Open - AvgDrop5 }

set{Green, count( close > open , 100)}

set{B10A, count(RunPCT > .10 , 100)}

set{A10A, count(RunPCT > .10 , 1)}
set{chg, sum( A10A - A10A 1 day ago ,5)}

and add column separator
and add column RunTgt
and add column DropTgt
and add column BounceTgt
and add column PBTgt

and add column separator
add column RunPCT{R(today)}

add column PBPCT{P(today)}

add column DropPCT{D(today)}

add column BouncePCT{B(today)}

/* SELECTION CRITERIA */

symlist(urre)

sort column 1 Ascending
]
I don't know if you realized it but you can check on ANY STOCK by using the SYMLIST for the SELECTION CRITERIA.

This is a powerful tool.

*** USE THIS WHILE THE MARKET IS OPEN ***


Why does it say run while the market is open?

daybuck
rank: <50 posts
rank: <50 posts
Posts: 7
Joined: Wed Feb 03, 2016 10:08 pm
Reputation: 0
Gender: None specified

Re: TRO TRAVEL GUIDE

Postby daybuck » Thu Feb 11, 2016 12:19 am

TRO,...You clearly posted on stockfetcher that the filter should be run only when the market is open....I'm confused

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11418
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: TRO TRAVEL GUIDE

Postby TheRumpledOne » Thu Feb 11, 2016 6:46 pm

daybuck wrote:TRO,...You clearly posted on stockfetcher that the filter should be run only when the market is open....I'm confused


Maybe I am confused... it has been a while since I wrote it... I will double check and get back to you...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11418
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: TRO TRAVEL GUIDE

Postby TheRumpledOne » Thu Feb 11, 2016 6:51 pm

OK...now I remember... this is the filter used to track what has happened today.

I was confusing it with this one:

6/16/2008 5:07:11 PM

Submit Fetcher[

/* TRO STAT SCAN - DROP/BOUNCE TARGET HIT STATS */
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”