mslattery@dc.rr.com
91 posts
msg #95628
- Ignore mslattery@dc.rr.com |
8/13/2010 4:34:16 PM
Can someone point me to a filter that the primary decision point is on a change in direction of COG?
COG appears to be an almost perfect pivot point tool. If I am wrong about this please educate me.
I have spent hours looking at filters containing COG, but they all seem to be a small component of filters that are looking for bottom bouncer or short filters.
Can anyone suggest the text for such a filter?
Thanks Mike
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fortyfour
189 posts
msg #95633
- Ignore fortyfour |
8/13/2010 7:46:36 PM
I have had cog(5,2) on my charts in the past. Seemed like a good indicator to me.
I guess you could just ask for "cog(5,2) 1 day ago is below cog(5,2)"
The filter above highligts POT a while back and looks to anticipate cog(5,2) turning
using a divergence between "it" and williams %r(2) ( which usually changes direction
before rsi(2).
What I dont get about the filter above is that it does not seem to AND the requirement williams %r(2) below -85.
This seems to cause many crossses/spikes above .5 that I dont want.....
Good topic ......I hope others take a look at cog(5,2) and comment or build a filter to your liking.
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mslattery@dc.rr.com
91 posts
msg #95639
- Ignore mslattery@dc.rr.com |
8/14/2010 12:05:52 AM
Thanks FourtyFour:
Here is what I came up with. Two filters, one looking for reversals from tops and the second for bottom bouncers.
They are very rudimentary at this point in time but I am starting to get a couple of returns that interest me.
Any suggestions or additions to this are welcome. The backtesting on this was 46/54. Not very good.
Filter Name: COG Bottom Bounce
r[COG(9) had been decreasing for 10 days 1 days ago and COG(9) has been increasing for 2 days]
close above close 2 days ago
show stocks where the MACD Fast Line(12,26) 0 days ago crossed above the MACD Slow Line(12,26) 0 days ago
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