(2020-05-16, 01:34 PM)mucked4u Wrote: Please forgive me but I need to ask because I cant find where to make a post asking a new question. Have looked everywhere but just extreme frustration

(2020-05-12, 04:17 PM)isatrader Wrote: Stage Analysis Technical Attributes - SATA

1. Price above 10 Week Simple MA
   
2. Price above 30 Week Simple MA
   
3. 10 Week Simple MA above 30 Week Simple MA
   
4. 10 Week Simple MA Rising
   
5. 30 Week Simple MA Rising
   
6. 52 Week Mansfield Relative Strength above Zero Line
   
7. 52 Week Mansfield Relative Strength Zero Line Rising
   
8. 13 Week Force Index Above Zero Line
   
9. Weekly Elder Impulse on Green
   
10. Price Greater than the Weekly Ichimoku Cloud
    

(2020-05-17, 04:11 PM)malaguti Wrote: I was thinking more about these scores, suppose we could actually use them to enter and exit..
anyway, i put these into amibroker except relative strength and volume as i wanted to do this against just the S&P
so out of the 10 above i'm left with 7 (13week Force index and relative strengths not included)
I've created a colour coded filter which you can see from the first image (ISAScoring). This is for the weeks of 2020 where we see the scoring going lower and lower..could this be a way of measuring the beginning and end of a trend I thought?


The "magic" number seems to be 2 (or below), that's where we really want to be out.
I've plotted the scores against the price chart as its own indicator
i wonder could we take this further to be used as a trend or at least a trend strength indicator. 
we can see between 2009 and 2020 there a dozen times price got to below 2 yet obviously in hindsight we were still in an uptrend 
and just 4 times in 11 years the score went to below 2 and subsequently recovered to 7
coming out of downturns we can reach 5 even, but never 7. 
on the flip side we are sometimes in a 7 but technically still in a stage 3

let me know if you think its worth taking further..I personally think there could be value
example..could we use this to time entry, or when to scale out, when to exit. there is no ONE indicator, but could we come close to our own indicator that uses a combination as we have here to time the market.

attached is an xls of all weeks going back to 1962 of the scoring..

(2020-05-17, 04:28 PM)isatrader Wrote: My thinking around how it could be useful is on an individual stock basis, as you could have a screener that would identify when a stock became greater than an 8. As that would give you much fewer, but higher quality stocks to look at visually to do a more thorough analysis, and also show you which sub sectors had multiple stocks with strong ratings, and highlight when multiple stocks in a sector moved up the scale into the strong range.

The rating of individual stocks could also be used as breadth indicator like you've done for the index, as you would have a scale of 0-10. So would work in the same way as the Bullish Percent Index using the P&F plot of it to give signals.

(2020-05-17, 05:53 PM)pcabc Wrote: I can see it working for breadth, but if you want to catching individual stocks breaking into stage 2 then you need to spot stocks exceeding the boundary of the previous day's channel, i.e. a Donchian channel.  If you look at that and above average volume you will capture the breakout points.  Just looking that various MA's means that if you sort for the most positive stocks you will end up sorting for the most overextended stocks or ones where it is too late for a good entry.

(2020-05-17, 06:05 PM)isatrader Wrote: What I don't mean is just looking for strong stocks with a score of 8 or higher, as as you said you'd get all the extended stocks too. So the screen would look only for stocks transitioning from a lower score to higher score. Which would be quite a small list to then check manually for stocks with potential.