Cheese
1,374 posts
msg #146142
- Ignore Cheese |
1/18/2019 2:10:14 PM
Thanks, nibor. I've learned something.
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nibor100
1,096 posts
msg #146144
- Ignore nibor100 |
1/18/2019 4:34:24 PM
@Cheese,
Back at you regarding Zerobar and its cohorts!!!
Thanks,
Ed S.
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Cheese
1,374 posts
msg #146196
- Ignore Cheese
modified |
1/21/2019 2:19:48 PM
karennma,
For convenience, I am also posting this information here. It may be directly relevant to your thread.
Please refer to davesaint86's thread for more information.
https://www.stockfetcher.com/forums/Filter-Exchange/Connors-TPS/146101/99999
▼▲
http://www.stocktiming.net/?p=3711
February 5, 2018 By Marty Chenard
You can know if we are in a bear market or not
by looking at a 30 day RSI setting and the 3 key indexes (the SPX, the NDX, and the RUT).
A 30 day RSI is almost magical
because you can draw trend lines off of it
that will hold well on the individual indexes.
If we are in a Bull Market,
a 30 day RSI will have
a reading of 50% on each of the above mentioned indexes.
As deterioration starts to occur
one or more Indexes will have a reading below 50%.
If one or two have such a reading, then there is definitely deterioration going on.
If there are only two out of three indexes
with a below 50% reading on the 30 day RSI,
then there is definitely deterioration going on,
but 3 out of 3 changes the everything and we are then in a down trend.
Three out of three means that severe deterioration is happening,
and that a pull back or correction is happening.
If the reading is still above 50% on the indexes,
then a pull back or correction is occurring and a rebound is very probable.
I said very probable and not guaranteed
because it is up to the VIX level and whether or not we jump to a panic level.
(If panic sets in
then the panic emotions have to be relieved before the market can resume its trending).
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Cheese
1,374 posts
msg #146197
- Ignore Cheese |
1/21/2019 2:22:18 PM
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Cheese
1,374 posts
msg #146201
- Ignore Cheese |
1/21/2019 3:04:13 PM
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davesaint86
726 posts
msg #146202
- Ignore davesaint86
modified |
1/21/2019 3:26:29 PM
I forgot who developed the first part of this filter. I look at it frequently.
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karennma
8,057 posts
msg #146295
- Ignore karennma
modified |
1/28/2019 10:13:51 AM
moved
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SAFeTRADE
649 posts
msg #146300
- Ignore SAFeTRADE |
1/28/2019 12:52:11 PM
Note: From CBOE website.
On September 18, 2017 the ticker symbol for the Cboe 3-Month Volatility Index was changed from “VXV” to “VIX3M”
I think I mentioned this when I posted this filter. It is the reason I added VIX3m in the calcs.
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karennma
8,057 posts
msg #146307
- Ignore karennma |
1/29/2019 7:41:42 AM
@ davesaint86,
Instead of typing SPY, QQQ etc ... is there an easy way to run that filter using a watchlist?
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davesaint86
726 posts
msg #146313
- Ignore davesaint86 |
1/29/2019 3:13:27 PM
1. Create watchlist - add symbols.
2. Add watchlist name to filter
apply to watchlist(Name of Watchlist)
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