nrj1947
6 posts
msg #51337
- Ignore nrj1947 |
4/26/2007 1:29:17 AM
Hi all,
I'd like to create an indicator that finds RSI (5) divergences for one month highs and lows. For instance, if you look at the XLB, it reached a one month high today but its RSI (5) is not as high as it was at its previous one month high which was achieved 7 days ago. I'm having difficulty creating an efficient algorithm and have searched the site for an RSI divergence indicator but couldn't find one.
In short, "Close is 4 week high and RSI (5) not at 4 week high". How do I write this properly? When I wrote it as above, it didn't seem to recognize the word "not".
Thank you in advance.
Nancy
New Jersey
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