StockFetcher Forums · General Discussion · Another Filter Exit Question<< >>Post Follow-up
einok
msg #93026
Ignore einok
5/21/2010 11:04:29 PM

I have been reading the SF manual, but haven't been able to come up with what I need for an exit on my Backtesting.

Here is what I am trying to do:

1: I would like to take note of the days low price when the RSI level is below 60
2: Once I have that low, I would like to exit on any day (whether it is the next day, 10 days, etc.) that closes below that low
3: But, if RSI goes back above 60 without breaking that low and then closes below 60 and creates a higher low, I would then use the higher low as my new exit. This would allow me to do a form of trailing stop.

I appreciate the help. This has me stumped.

Thanks,
Erik

StockFetcher Forums · General Discussion · Another Filter Exit Question<< >>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