tag:blogger.com,1999:blog-30526901.post6490169388003973953..comments2023-11-02T08:32:05.557-04:00Comments on Filtering Wall Street: Re-Testing BOBMarlyn Tradeshttp://www.blogger.com/profile/11977763395430254850noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-30526901.post-62399920953273886172007-06-13T16:35:00.000-04:002007-06-13T16:35:00.000-04:00I was wondering if anyone noticed if any of the BO...I was wondering if anyone noticed if any of the BOB filters work better on a weekly, daily or intra-day timeframe? <BR/><BR/>Thanks.Spiderhttps://www.blogger.com/profile/02716271019004547316noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-53267354434264773272007-05-04T18:23:00.000-04:002007-05-04T18:23:00.000-04:00den0 - BOB v1x produced TRID and v32x produced WOR...den0 - BOB v1x produced TRID and v32x produced WOR off today's finals. I don't particularly care for WOR but I like TRID - here is that code -<BR/><BR/>show stocks where close is between 15 and 35<BR/>and average volume(90) > 500000<BR/>and ema(8) < ema(21)<BR/>and close 2 days ago < ema(8)<BR/>and close 2 days ago < open 2 days ago<BR/>and close 1 day ago < open 1 day ago<BR/>and low 1 day ago <Marlyn Tradeshttps://www.blogger.com/profile/11977763395430254850noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-34432767043963300172007-05-04T18:19:00.000-04:002007-05-04T18:19:00.000-04:00Marlyn, Just got back to my computer today and ran...Marlyn, Just got back to my computer today and ran the scan with today's market results. Still no hits (on any of the BOB versions). I'll keep trying and will let you know if anything turns up. Like you, I'm not looking for "a prolific filter-just efficient". Like your approach and will continue to try to apply your methods. Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30526901.post-22193276694989207642007-05-04T14:37:00.000-04:002007-05-04T14:37:00.000-04:00Marlyn-the book Way of the Turtle. While it does d...Marlyn-the book Way of the Turtle. While it does detail how the Turtle Traders made money, it is more about how to develop a robust trading system, regardless of whether it is short or long term in nature. There are measures referenced in the book that I feel strongly will help you and Jim develop robust systems. I don't mean to sell your knowledge short. Its just that the book contained measuresJeffhttps://www.blogger.com/profile/03267918585202497489noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-72317851280062407812007-05-04T13:43:00.000-04:002007-05-04T13:43:00.000-04:00I've been using two years of data at a time on Sto...I've been using two years of data at a time on Stockfetcher and I'm of the opinion that it is a sufficient amount of data. Keep in mind there is nothing preventing you from testing 2001 through 2002 and then 2003 through 2004 and then 2005 through 2006. And then test smaller periods within these larger two year periods to see how the screen did during times when the market was rising versus L.J.https://www.blogger.com/profile/16467256190821479129noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-48678494203926112772007-05-04T12:58:00.000-04:002007-05-04T12:58:00.000-04:00Not a problem - personally I think the BOB is a va...Not a problem - personally I think the BOB is a valid approach - you stick your stop under candle 2 and you win or you lose. If memory serves and it has been many years so forgive me if I miss it a bit but the "way of the turtle" was not so much about winning as how and when to take a loss. I believe it was take losses quick and let your winners run - and if that is their way - it is mine too.<Marlyn Tradeshttps://www.blogger.com/profile/11977763395430254850noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-47409791246655292372007-05-04T09:29:00.001-04:002007-05-04T09:29:00.001-04:00Marlyn- I have to note that the "way of the turtle...Marlyn- I have to note that the "way of the turtle," followed correctly, has the weight of decades of data behind it. You are absolutely right that it does not work all the time, but that is where research into avg. length of drawdown and avg. drawdown come into play. Knowing how long on avg. it quits working and how severely it impacts the equity curve is key, as typically what happens is Jeffhttps://www.blogger.com/profile/03267918585202497489noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-89735614103532175032007-05-04T09:29:00.000-04:002007-05-04T09:29:00.000-04:00Please let me know what you find.ThanksPlease let me know what you find.<BR/><BR/>ThanksMarlyn Tradeshttps://www.blogger.com/profile/11977763395430254850noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-85748362339582765042007-05-04T09:28:00.000-04:002007-05-04T09:28:00.000-04:00Re "close 2 days ago" - my error - delete the seco...Re "close 2 days ago" - my error - delete the second and leave the first.<BR/><BR/>The last time this filter output anything was, believe it or not, 2 days ago on May 1st - WPI and NSR and both are up 4 and 3.67% respectively.<BR/><BR/>It isn't prolific - just efficient.Marlyn Tradeshttps://www.blogger.com/profile/11977763395430254850noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-20543002141564034942007-05-04T08:46:00.000-04:002007-05-04T08:46:00.000-04:00Marlyn, I'm still hanging with you and trying to ...Marlyn, I'm still hanging with you and trying to make this filter work on Telechart. I've modified my criteria to match what you have shown and today I still get 0 matches. Was wondering if your scan showed any matches today? Also, was it intentional to have two lines showing "close 2 days ago < ema(8)" One stipulates the ema(8) two days ago, the other does not. Thanks.Anonymousnoreply@blogger.com