StockFetcher Forums · Filter Exchange · RSI Divergence - Help Please<< >>Post Follow-up
gvinvest
6 posts
msg #54612
Ignore gvinvest
9/6/2007 7:54:55 PM

I am looking for RSI divergence signal filter. TheRumpledOne posted one recently. However I cannot use the filter as it says I need advanced subscription. Can someone pl come up with a filter which can work with Basic subscription.

Thanks and appreciate your help.


GV

gvinvest
6 posts
msg #54613
Ignore gvinvest
9/6/2007 7:56:13 PM

This is the RSI Divergence which does NOT work with BASIC subscription.- FYI

TheRumpledOne 8/22/2007 7:47:37 PM


Fetcher[
/* Positive Divergence 2 - 5 days*/

set{nd2,count(close below close 2 days ago,1) * count(rsi(2) above rsi(2) 2 days ago,1)}}

set{nd3,count(close below close 3 days ago,1) * count(rsi(2) above rsi(2) 3 days ago,1)}

set{nd4,count(close below close 4 days ago,1) * count(rsi(2) above rsi(2) 4 days ago,1)}

set{nd5,count(close below close 5 days ago,1) * count(rsi(2) above rsi(2) 5 days ago,1) }

Set{n1, nd5 * 1}
Set{n2, nd4 * 10}
Set{n3, nd3 * 100}
Set{n4, nd2 * 1000}

Set{na, n1 + n2}
Set{nb, n3 + n4}
Set{PD2345, na + nb}

/* POSDIV is the number of times there was a 2, 3, 4 or 5 day positive divergence during the past 10 days */

set{POSDIV, count(PD2345 above 0, 10)}

/* PDDAYS is the number of days since there hasn't been a 2, 3, 4 or 5 day positive divergence */

set{PDDAYS, days(PD2345 EQUAL 0, 100)}

add column PD2345
add column posdiv
add column pddays

close above .01
volume above 300000

rsi(2) below rsi(2) 1 day ago

PD2345 above 0

sort column 5 descending

market is nasdaq
]




karennma
6,827 posts
msg #54616
Ignore karennma
9/6/2007 10:20:33 PM

GVinvest:
If making a million dollars was the difference between paying $8.00 per month vs. $16.00 per month for an advanced subscription, would you be willing to spend the Xtra $8.00 per month?
:>)



jrbikes
624 posts
msg #54618
Ignore jrbikes
9/6/2007 11:23:02 PM

Boohyaaa!

corsino
259 posts
msg #54619
Ignore corsino
modified
9/6/2007 11:56:39 PM

You might play around with a simple slope divergence:

Fetcher[15 day slope of close below 0
and 15 day slope of rsi(2) above 1
and close between 1 and 10
and not otcbb
and average volume (90) above 100000
]



maxreturn
745 posts
msg #54627
Ignore maxreturn
modified
9/7/2007 8:51:43 AM

I'm not a big believer in such short term divergences but here's one you may want to consider. This filter monitors 10 day divergences. Just change the # of days to experiment:

Fetcher[rsi(2) above rsi(2) 1 day ago
rsi(2) 1 day ago below 25
set{x, count(low 1 day ago reached a new 10 day low,1)}
set{y, count(low reached a new 10 day low,1)}
set{mv, x + y}
mv above 0 and do not draw mv
count(rsi(2) 1 day ago reached a new 10 day low,1) equals 0
average volume(65) above 500000
]



Cheers
Max

gvinvest
6 posts
msg #54634
Ignore gvinvest
9/7/2007 10:51:15 PM

Thanks....

StockFetcher Forums · Filter Exchange · RSI Divergence - Help Please<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus