active SPA signals in MM

[Annabella]

Hello
Does anyone know if there is a setting/option in Market Master to scan the market & display all charts that have current active SPA signals?
Cheers
Annabella

[Stephen Moore]

Isn't that exactly what the daily Spa Scan does? You can then create a MM series on the scan results which will allow you to step through the charts of all the stocks resulting from the scan. Use the F9 key in MM to display the key indicators the Spa program uses. (after you download them from the sharefinder members zone, if you haven't done so already).

Maybe I'm not understanding what you are after?

Cheers

Steve

[David Sayer]

Hi Annabella,
If you are trying to scan for "Open SPA Trades" this is not exactly possible.

You could scan the last 6 months for all Buy signals and Sell signals, then manually filter out the ones with recent Sells using a tool like Excel. A little bit of work, but possible.

I'll add this feature to our wish list.

Regards,
David

[Annabella]

Thanks David that's exactly what I was looking for.
Cheers
Annabella

[Mark Linton]

Following on from Davids post, once you have saved the scan results to Excel you can them import them into SPA TradeMaster which will give you a list of current open SPA trades.

Attached is a list up until Monday......I hope you're in RXM 

[Annabella]

Thanks Mark
& Yep I'm in RXM
Cheers
Annabella

[Brian Bath]

Hi Mark & Annabella,
I have only recently started using SPA3 (2.5 mnths) and iam using standard out of the box parameters i.e siroc 21:8 etc. I am very happy with my results to date but i was a bit mysterfied about RXM as i did not receive any signal for that great trade  Perhaps i have not set my indicators up correctly.I would appreciate an advise as to why i might of missed getting that buy signal.Thanks

[Xelle]

Hi

Brian I was only just writing this reply when your question came through so this may help.

You sparked my interest re RXM when it had not come up on my scans.  I thought it must have been the liquidity settings as I was set at 200000.  I changed the liquidity settings to 100000 and magic a WCB2 buy appeared at $1.60.

I then changed the liquidity settings again to 50000 and a WCB4 buy came up at $0.75 a TTM2.1 at $1.40 and then the WCB2 at $1.60.

I was quite surprised how much difference the liquidity settings made. I may be better off to lower my liquidity settings to 50 000 and apply the manual calculation of average traded volume is preferably 10x the quantity of shares to purchase (P71 in manual). I would be interested in any comments on this

A side question, when you receive a buy signal WCB2 after a lightening TTM2.1 do you then take the WCB2 as a pyramid.

Thanks
Xelle

[Mark Linton]

A side question, when you receive a buy signal WCB2 after a lightening TTM2.1 do you then take the WCB2 as a pyramid.

Yes 

[Annabella]

Hi Xelle & Brian
I have my liquidity setting at 50000 (same as SPA public portfolio) & so far haven't had any problems.
Cheers
Annabella

[Brian Bath]

Thanks Xelle & Annabella, i have now set the SPA3 liquidity from 200000 to 50000