[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: [EquisMetaStock Group] Re: RSi exploration for up/Down trends



PureBytes Links

Trading Reference Links



In the following 1 = "uptrend", -1 = "downtrend", and 0 = "no trend"

if(barssince(cross(rsi(14), 70)) < barssince(cross(30, rsi(14))) and Rsi(14) > 40, 1,
if(barssince(cross(30, rsi(14))) < barssince(cross(rsi(14), 70)) and Rsi(14) < 60, -1,0))

However I prefer

X:= Input("X", 2, 200, 14);

If(BarsSince(Cross(RSI(x), 55)) < BarsSince(Cross(45, RSI(x))) AND RSI(x) > 40, 1,
If(BarsSince(Cross(45, RSI(x))) < BarsSince(Cross(RSI(x), 55)) AND RSI(x) < 60, -1,0))



To: equismetastock@xxxxxxxxxxxxxxx
From: mchantzi@xxxxxxxxx
Date: Sun, 30 Aug 2009 11:55:31 +0000
Subject: [EquisMetaStock Group] Re: RSi exploration for up/Down trends

 
{Up-Trend began when the RSI value first exceeded 70 and continues so long as the lowest RSI value stays above 40.}

a:=cross(rsi(14),70);
upTrend:=lowestSince(1,a,rsi(14))>40

{Down Trend began when the RSI value first fell below 30 and continues so long as the highest RSI value stays below 60.}

b:=cross(30,rsi(14));
downTrend:=highestSince(1,b,rsi(14))<60

Unfortunately I'm not using the pc where I've my metastock installed so maybe there are syntax errors. Please check.

Regards,

mc

--- In equismetastock@yahoogroups.com, Alvin Yu <alvinyu2005@...> wrote:
>
> Hi
> Can someone gives some help on this request ?
> rgds
>
>
>
> ----- Forwarded Message ----
> From: Alvin Yu <alvinyu2005@...>
> To: equismetastock@yahoogroups.com
> Sent: Thursday, 20 August 2009 10:47:40
> Subject: RSi exploration for up/Down trends
>
>
> Hi
> Can someone drops a few lines how I can do an Exploration of RSI for up/ or down trend
> as follow:
>
> A) Up Trend
> Using a 14 period RSI, the first step is to determine how many periods have passed since the RSI went above 70 and how many periods have passed since it went below 30.
> If there have been fewer periods since it was above 70, then we check to see if the lowest value of RSI since that point is still above 40. If this is the case, then we have a confirmed up trend. Up-Trend began when the RSI value first exceeded 70 and continues so long as the lowest RSI value stays above 40.
>
> B) Down Trend
> Using the same 14 period RSI, we determine how many periods have gone by since the RSI went above 70 and how many periods have passed since it went below 30.
> If there have been fewer periods since it was below 30, then we check to see if the highest value of RSI since that point is still below 60. If this is the case then we have a confirmed down trend. Down Trend began when the RSI value first fell below 30 and continues so long as the highest RSI value stays below 60.
>
> I could not find any in Trader-online and our group listing also.
>
> rgds
>
> ________________________________
> Importing contacts has never been easier..
> Bring your friends over to Yahoo! Mail today!
>
>
> New Email names for you!
> Get the Email name you&#39;ve always wanted on the new @ymail and @rocketmail.
> Hurry before someone else does!
> http://mail.promotions.yahoo.com/newdomains/sg/
>




__._,_.___


Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe

__,_._,___