StockFetcher Forums · Filter Exchange · RSI(2) worked for me today<< 1 2 >>Post Follow-up
TheRumpledOne
6,407 posts
msg #46122
Ignore TheRumpledOne
7/31/2006 3:09:00 AM

KEEP IT SIMPLE.




ramkalyansunder
7 posts
msg #46145
Ignore ramkalyansunder
8/1/2006 6:47:04 PM

Rumpledone, I am one of the forum reader enjoy reading your posting. It is very helpful. Thanks

I understand RSI(2) strategy. Can you please explain the Middle strategy ( if you already explained in earlier post , please give the link ) and what chart/tool you use to identify if the stock crosses the Middle point. Thanks in advance

Ram


TheRumpledOne
6,407 posts
msg #46147
Ignore TheRumpledOne
8/1/2006 11:22:09 PM

Just search on MIDDLE


nramesh30
4 posts
msg #46158
Ignore nramesh30
modified
8/2/2006 3:21:27 PM

I seem to be getting it now. But one more question

I keep a list of stocks based on RSI(2) < 1 on daily chart.
during next trading day , i watch for those stocks on prophet.net
using 15-minute chart.

and lets say the first 3 candles are red. then comes a green one and it closes green. should I buy immediately? i notice that the RSI(2) at that time on 15-minute has started going up already. Is it still ok to buy. Should I consider MIDDLE at this time?

Thanks




Railwhore
69 posts
msg #46165
Ignore Railwhore
8/2/2006 8:34:58 PM

TRO's RSI(2)?
Fetcher[60 day slope of the close is above 0
rsi(2) < 1
]



Correct me if I am wrong, but you want a temporary retracement to the rsi(2) < 1 level after a bullish run. So use that filter and set close and volume to your taste. Create the watchlist of symbols. Use 10d/60min chart & (high-low)/2 previous candle for entry long or short. use 5min candles for exit. If your in a very volatile stock your top of last candle for long exit or bottom of last candle for short exit.


StockFetcher Forums · Filter Exchange · RSI(2) worked for me today<< 1 2 >>Post Follow-up

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