StockFetcher Forums · Filter Exchange · Stumped on building easy filter HELP<< >>Post Follow-up
Carmackjw
12 posts
msg #150888
Ignore Carmackjw
2/24/2020 10:33:20 AM

I’m trying to build a filter replicating Scott Redlers red dog reversal. It’s pretty basic, but this is not my strength. Any help would be appreciated. Here is a link describing it:
https://www.t3live.com/blog/scott-redler-rdr-fast-cash-lesson-one/


Here is the Red Dog Reversal by parameter stock is a short-term pull back often for 2+ days and trades below a prior day low. Then a couple more small parameters. Any ideas for a filter for this ?


xarlor
561 posts
msg #150895
Ignore xarlor
2/24/2020 2:57:48 PM

Goodness, that video does a very poor job of explaining the setup for this strategy. I used this article on yahoo instead.

Note that SF is not very effective for executing intra-day trades like this because of the 20-minute delay. By the time your buy signal triggers, you've missed most of the move up. This strategy would work better on a real-time screener.

Fetcher[
/* Red Dog Reversal strategy. Set StopLimit Buy at "Enter" price. Once entered set StopLimit Sell at "STOP" */
close > wma(150)
average volume(30) > 500000
close < close 1 day ago for last 3 days
open > low 1 day ago
low < low 1 day ago
open < close 1 day ago

set{EnterPrice,low 1 day ago}
add column EnterPrice {Enter price}

set{STOP,low}
draw price line at STOP
add column STOP
]



Carmackjw
12 posts
msg #150910
Ignore Carmackjw
2/25/2020 8:01:59 AM

You the man; thanks a bunch

StockFetcher Forums · Filter Exchange · Stumped on building easy filter HELP<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.