How to RSI - Trading Software

How to RSI

Raju Harchandani
2010-10-29 07:26:55

I need help with the following condition for screener
I need to filter out from a list say "a" (this could be a watchlist dynamic or static),
1) when rsi crosses 70 from below
2) when rsi crosses 70 from above
3) when rsi crosses its derivative-signal line from above when they are between 70 and 100
4) when crsi crosses its derivative-signal line from above when they are between 70 and 100
5) when rsi crosses 30 from above
7) when rsi crosses its derivative-signal line from below when they are between 30 and 0
8) along with this data i want 6 columns which gives the volume of 4 previous bars, current volume and the other givig "Up" if volume has risen , "down" if volume has fallen and "flat" if volume is flat

That is as far as the screner goes
Once the screener finishes can this be indicated on the graph (i am sure it can)

I can make the formula for any variable becoming equal to some value but to get the logic for checking whether it comes from below or above escapes me
Thanking You
Raju Harchandani

QuantShare
2010-10-29 08:17:10

Please provide me with more information regarding "crsi" and "derivative-signal line"
Also, what do you want to indicate on the graph?

If you want to check if one variable crossed above/below another one then you should use the "cross" function.
cross(a, b) -> a crosses b from below
cross(b, a) -> a crosses b from above

Raju Harchandani
2010-11-02 05:24:18

Crsi is a typo read that as rsi and its signa line
Also the 8th point...is the difficult part
Raju

QuantShare
2010-11-02 06:16:26

Best Answer

What signal line do you use for an RSI ?

Here is the formula for the 8th point:
AddColumn("4-Bar Volume", sum(volume, 4));
AddColumn("Volume", volume);
signal1 = iffstr(volume > ref(volume, 1), "Up", "Down");
signal1 = iffstr(volume == ref(volume, 1), "Flat", signal1);
AddColumn("Signal", signal1);

Get more messages

No more messages

Back


Trading Items Dynamic Zones RSI - Technical Indicator How far are the close prices from the support line Trading Rules based on the Relative Strength Index - RSI Indicato... 5x5 SMA & RSI Forex Strategy RSI GT 4%	How-to Lessons How to display the number of stocks per day for different RSI gro... How to create a custom trading indicator How to drag & drop indicators in charts How to run QuantShare offline How to add a trading indicator to a chart
Related Forum Threads bollinger band & rsi formula How do you retrieve the entry and exit price for a position? how to draw Flag (Bullish) on chart? how to screen How can I see charts with logarithmic scale on y-axis?	Blog Posts How to predict and trade the stock market using pivot points How to get buy and sell orders for a portfolio based on a trading... Buy the best/top rated stocks or how to create powerful rank base... How to create market indicators using the composite function - Pa... Create a Pivot Table that displays the Relative Strength Index - ...