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Showing content with the highest reputation on 10/31/2020 in all areas

  1. 1 point
    I tried it, but I'm getting a 'Can't get valid price' error for the FREE Roll + Long script, see screenshot. What could I be missing? Is there some 'documentation' on this topic?
  2. 1 point
    😈 The Rising Devil Scanner 😈 Overview This strategy has become quite popular in the channel, and every morning I see many people asking if a certain stock is a rising devil. So I decided to create a scanner that tries to capture potential rising devils before they happen. It's narrower focus and stricter filtration of stocks that are running down right before the open, versus some of the ones we've been calling Rising Devils. But being more focused can lead to better returns if the strategy is a profitable one. That being said, as we gather more data about stocks that were "missed", we can look at why, find ways to improve and capture them as well. Testing I back tested it for 65 days with great success (see photos below) and for more tangible data I tested it against some of our fearless leaders' YouTube recaps! It successfully created an alert and back-traded successfully for these Rising Devil plays: @Andrew Aziz's $YNDX trade on Oct 11th @Thor's $ETFC trade on Oct 1st Meir's $ORCL trade on Sept 12th @Brian Pez's $CRWD trade on Sept 6th Testing this was an interesting conundrum because the Alert happens completely in the pre-market and you can't back test pre-market data. Trade Ideas' filters are only "point in time" as well; so you can't ask for it to show stocks that trend down in the pre-market AND then bounce back to the VWAP - and then do a back test on that. I had to create another seperate Alert that tracks stocks bouncing into the VWAP. Then test that alert using symbols that only The Rising Devil Scanner discovered over the last 65 days. Results Thor's trade simulated on the same day: Andrew's trade simulated on the same day: Scanner Link https://www.trade-ideas.com/Cloud.html?code=18513da0873da30368180bcda025ae19 Overall I hope the scanner helps new traders! And for the more experienced ones, brings to light some stocks we didn't have an eye on. Brian has definitely identified a great strategy that works well - and even though, based on my journal, I'm in the green using this strategy, it's interesting to see the data that proves this strategy is sound. Learning what Trade Ideas can do is eye opening for the opportunities it holds - there is SO much you can do with it; it's mind boggling 🤯. I can't wait to improve this scanner as time goes by and come up with new ones for the community!
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