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wamphraywater
58 posts
msg #40796
Ignore wamphraywater
1/30/2006 9:49:59 PM

Trying to show stocks where rsi(5) is above 70 for first time in at least 10 days......could someone give me the correct wording ? Cheers and thanks.


maxreturn
745 posts
msg #40798
Ignore maxreturn
1/30/2006 10:32:14 PM

This should do it:

Fetcher[show stocks where rsi(5) crossed above 70 and count(rsi(5) above 70,11) below 2]




wamphraywater
58 posts
msg #40801
Ignore wamphraywater
1/30/2006 11:32:52 PM

Thank's maxreturn, you give me what works, but where does, "below 2" come into it, just wondering,
Thank' again.


maxreturn
745 posts
msg #40806
Ignore maxreturn
modified
1/31/2006 9:38:34 AM

wamphraywater...the "below 2" in the count statement basically says that during the last 11 days the rsi(5) has been above 70 less than 2 days. Since the rsi(5) crossed above 70 today, that must mean the rsi(5) must have been below 70 the previous 10 days. Let me know if you have any other questions.



shelupinin
120 posts
msg #40822
Ignore shelupinin
1/31/2006 6:19:28 PM

wamphraywater, looks like the opposite approach has much better results for 1-2 days trading:
Fetcher[show stocks where rsi(5) crossed below 30 and count(rsi(5) above 70,11) below 2
and price is above 1
and volume is above 50000
]


Alex



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