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patonet
Posted : Monday, September 21, 2009 10:28:43 PM
Registered User
Joined: 12/12/2007
Posts: 10
Hello. I need to know if your software can do this:Backtesting for 10-20 years ago (how much will cost me this historical data?), and find stocks that meet this criteria:1). Stock is above 200-day MA2). 2-period RSI falls 5 days in a row.3). The first falling day (day #1) of the 2-period RSI must be below 60.4). The 2-period RSI today is below 10.Please support me. Regards
Bruce_L
Posted : Tuesday, September 22, 2009 4:19:06 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You can access 5000 Bars of data. So as long as you are testing in a 1-Day Time Frame, you can use just under 20-Years of 1-Day data on your Charts and in BackScanner.

Your four Rules (I'm assuming they are Buy Rules) are fairly straightforward to implement in BackScanner (although you do not have any Sell Rules). Please try the following to implement your Buy Rules in StockFinder (the insructions seem long because they are detailed step-by-step, but are actually rather quick and simple to implement):

- Select Add Indicator | Select... | Moving Average | OK | Price History | OK.
- Left-click on the Moving Average to bring up the Main tab of its Edit window.
- Adjust the Average Type to Simple, the MovAvg Period to 200 and select OK.
- Drag and Drop Price onto its Moving Average.
- Select Create Rule | Price History Above MovAvg 200 | Apply | OK.
- Select Add indicator | Select... | Wilders RSI | OK.
- Left-click on the RSI to bring up the Main tab of its Edit window.
- Adjust the RSI Period to 2, the Avg Period to 1 and select OK.
- Right-click on RSI and select Create Rule | Moving Down | True 5 of 5 Bars | Apply | OK.
- Select Add Indicator | Select... | Moving Average | OK | Wilder's RSI | OK.
- Left-click on the Moving Average to bring up the Main tab of its Edit window.
- Adjust the Average Type to Simple, the MovAvg Period to 1, the Offset to 4 and select OK.
- Right-click on the Moving Average of RSI and select Create Rule | Less Than Value: 60 | Apply | OK.
- Drag and Drop the Price above MovAvg Rule onto the RSI Moving Down Rule.
- Select Create New Combo Rule.
- Drag and Drop the MovAvg of RSI Rule into the Combo Rule.
- Give the Combo Rule a name (maybe "Buy") and select OK.
- Select Open New BackScanner.
- Drag and Drop the Combo Rule into BackScanner and select Buy.

You'll want to have at least one Sell Rule as well. You may wish to review the following:

Chart Basics
Rule Basics
BackScanner Basics

-Bruce
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