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push5280 101 posts msg #130917 - Ignore push5280 modified |
9/6/2016 8:03:52 PM http://jayonthemarkets.com/2015/03/23/rsi-everything-part-1/ http://jayonthemarkets.com/2015/03/24/rsi-everything-part-2/ http://jayonthemarkets.com/2015/04/22/rsi-everything-calculations/ Fetcher[ /* RSI Everything Indicator by Jay Kaeppel */ /* There are four different indicators that are created then averaged together */ /* Each of the indicators is tagged seperately */ /* RSIALL adds the 2,3 and day RSI values and the devides them by 3 */ set{1a, RSI(2) + RSI(3)} set{1b, 1a + RSI(4)} set{RSIALL, 1b / 3} /* RSIROC: calculate the 3-day change in the standard 3-day RSI value and add it to (the current 3-day RSI minus 50). RSIROC is a 2-day exponential average of that value. */ set{2a, RSI(3) 3 days ago - RSI(3)} set{2b, RSI(3) - 50} set{2c, 2a + 2b} set{RSIROC, CEMA(2c,2)} /* RSIq2: calculate the 3-day change in the standard 14-day RSI value and subtract it from (14-day RSI minus 50). RSIROC14 is a 2-day exponential average of that value. Add (14-day RSI minus 50) to RSIROC14 and multiply by 2 to get current RSIq2 value.*/ set{3a, RSI(14) 3 days ago - RSI(14)} set{3b, RSI(14) - 50} set{3c, 3b - 3a} set{RSIROC14, CEMA(3c,2)} set{3d, 3b + RSIROC14} set{RSIq2, 3d * 2} /* Indicator #4 is Tom Demark Range Expansion Index */ /* TDREI(period) */ set{ind4, TDREI(5)} /* TD Everything: Add the four indicator values together and divide by 4, 50 is subtracted from RSIAll here to make 0 neutral as with the other indicators. RSIEverything is (((RSIAll-50) +RSIROC +RSIq2 +TDREI) / 4) */ set{5a, RSIALL -50} set{5b, 5a + RSIROC} set{5c, 5b + RSIq2} set{5d, 5c + ind4} set{RSIeverything, 5d / 4} /*my indicators*/ set{myrange, high 52 week high / low 52 week low} close > 1 average volume(90) > 250,000 myrange > 2 do not draw myrange draw ma(126) draw ma(63) draw RSIeverything line at -64 draw RSIeverything line at -32 draw RSIeverything line at 0 draw RSIeverything line at 32 draw RSIeverything line at 64 draw RSI(2) line at 10 draw RSI(2) line at 90 draw CCI(4) line at 0 draw CCI(4) line at 130 draw CCI(4) line at -130 add column myrange add column RSIALL sort by column five descending chart-time is 6 months] |

compound_gains 154 posts msg #130922 - Ignore compound_gains |
9/7/2016 9:17:44 AM Notes: *This method is probably best used with sector ETFs and index ETFs rather than with individual stocks – but traders are encouraged to experiment. The Setup At the end of the current week: The 5-week simple moving average is above the 55-week exponential moving average. RSI Everything registers a weekly close of -32 or below. The Trigger Buy shares or the ETF (or stock) in question when it hits the previous week’s high price plus $0.02 per share. The Exit Close the trade at a profit on the first profitable weekly close. Close the trade at a loss if price falls $0.02 or more below the previous week’s two week low. Close the trade – whether at a profit or a loss – if the 5-week simple moving average closes below the 55-week exponential moving average. More Notes *A trader might also consider using a hard percentage of trading capital stop to cut a loss rather than waiting for the two week low to be hit. *It may take a few weeks after the initial setup before price actually triggers an entry signal by taking out the previous week’s high. |

compound_gains 154 posts msg #130926 - Ignore compound_gains modified |
9/7/2016 10:38:26 AM Couple of calculation errors...RSIROC and RSIq2 Fetcher[ /* RSI Everything Indicator by Jay Kaeppel */ /* There are four different indicators that are created then averaged together */ /* Each of the indicators is tagged seperately */ /* RSIALL adds the 2,3 and 4 day RSI values and then devides them by 3 */ set{1a, RSI(2) + RSI(3)} set{1b, 1a + RSI(4)} set{RSIALL, 1b / 3} /* RSIROC: calculate the 3-day change in the standard 3-day RSI value and add it to (the current 3-day RSI minus 50). RSIROC is a 2-day exponential average of that value. */ set{2a, RSI(3) - RSI(3) 3 days ago} /*VARIABLES NEEDED TO BE FLIPPED*/ set{2b, RSI(3) - 50} set{2c, 2a + 2b} set{RSIROC, CEMA(2c,2)} /* RSIq2: calculate the 3-day change in the standard 14-day RSI value and subtract it from (14-day RSI minus 50). RSIROC14 is a 2-day exponential average of that value. Add (14-day RSI minus 50) to RSIROC14 and multiply by 2 to get current RSIq2 value.*/ set{3a, RSI(14) - RSI(14) 3 days ago} /*VARIABLES NEEDED TO BE FLIPPED*/ set{3b, RSI(14) - 50} set{3c, 3b - 3a} set{RSIROC14, CEMA(3c,2)} set{3d, 3b + RSIROC14} set{RSIq2, 3d * 2} /* Indicator #4 is Tom Demark Range Expansion Index */ /* TDREI(period) */ set{ind4, TDREI(5)} /* TD Everything: Add the four indicator values together and divide by 4, 50 is subtracted from RSIAll here to make 0 neutral as with the other indicators. RSIEverything is (((RSIAll-50) +RSIROC +RSIq2 +TDREI) / 4) */ set{5a, RSIALL -50} set{5b, 5a + RSIROC} set{5c, 5b + RSIq2} set{5d, 5c + ind4} set{RSIeverything, 5d / 4} /*my indicators*/ set{myrange, high 52 week high / low 52 week low} close > 1 average volume(90) > 250,000 myrange > 2 weekly ma(5) above weekly ema(55) */*********/ rsieverything below -31.99 */*********/ etf */*********/ do not draw myrange draw ma(126) draw ma(63) draw RSIeverything line at -64 draw RSIeverything line at -32 draw RSIeverything line at 0 draw RSIeverything line at 32 draw RSIeverything line at 64 draw RSI(2) line at 10 draw RSI(2) line at 90 draw CCI(4) line at 0 draw CCI(4) line at 130 draw CCI(4) line at -130 add column myrange add column RSIALL add column rsieverything set{entry, high 5 day high + .02} draw price line at entry on plot price sort by column five descending chart-time is 6 months] |

push5280 101 posts msg #130941 - Ignore push5280 |
9/7/2016 3:00:22 PM Compound_gains good eye, thanks for the corrections |

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