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Wilder RSI (14) > 69 on weekly chart 4-8 weeks back Rate this Topic:
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swatantra
Posted : Thursday, January 19, 2017 3:59:31 PM
Registered User
Joined: 12/17/2008
Posts: 25

I'm trying to create an easy scan where I want to leverage

Wilder RSI (14) value >69 on a weekly chart lets say 6 weeks back using scan condition. 

WIlder RSI(14) value between 50 - 60 current week using scan condition. 

 

if that not possible is there other ways to do it. 

Bruce_L
Posted : Thursday, January 19, 2017 4:10:47 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It can be done as a weekly Condition Formula of a reasonable length in the TC2000 v17 beta.

TC2000 v17 beta

50 <= WRSI14 AND WRSI14 <= 60 AND WRSI14.6 > 69

Or as the slightly shorter:

ABS(WRSI14 - 55) <= 5 AND WRSI14.6 > 69

You could also add a 1 period moving average with an offset of 6 to a 14 Wilder's RSI on the chart. You could click the Wilder's RSI itself and select Create Scan Condition to create conditions for Wilder's RSI being greater than 50 and less than 50. You could click on the 1 period 6 offset moving average of Wilder's RSI and select Create Scan Condition to create a condition for the offset moving average being greater than 60. Then add all of these conditions to the same EasyScan.

Create Conditions from Your Chart (5:25)
How to Create an EasyScan and save it to the Library

A weekly Condition Formulas for this in versions of TC2000 prior to the v17 beta is quite long.

ABS(50 * (C - XAVGC27.1) / 14 / (.071435345 * (ABS(C - C1) + 13 / 14 * (ABS(C1 - C2) + 13 / 14 * (ABS(C2 - C3) + 13 / 14 * (ABS(C3 - C4) + 13 / 14 * (ABS(C4 - C5) + 13 / 14 * (ABS(C5 - C6) + 13 / 14 * (ABS(C6 - C7) + 13 / 14 * (ABS(C7 - C8) + 13 / 14 * (ABS(C8 - C9) + 13 / 14 * (ABS(C9 - C10) + 13 / 14 * (ABS(C10 - C11) + 13 / 14 * (ABS(C11 - C12) + 13 / 14 * (ABS(C12 - C13) + 13 / 14 * (ABS(C13 - C14) + 13 / 14 * (ABS(C14 - C15) + 13 / 14 * (ABS(C15 - C16) + 13 / 14 * (ABS(C16 - C17) + 13 / 14 * (ABS(C17 - C18) + 13 / 14 * (ABS(C18 - C19) + 13 / 14 * (ABS(C19 - C20) + 13 / 14 * (ABS(C20 - C21) + 13 / 14 * (ABS(C21 - C22) + 13 / 14 * (ABS(C22 - C23) + 13 / 14 * (ABS(C23 - C24) + 13 / 14 * (ABS(C24 - C25) + 13 / 14 * (ABS(C25 - C26) + 13 / 14 * (ABS(C26 - C27) + 13 / 14 * (ABS(C27 - C28) + 13 / 14 * (ABS(C28 - C29) + 13 / 14 * (ABS(C29 - C30) + 13 / 14 * (ABS(C30 - C31) + 13 / 14 * (ABS(C31 - C32) + 13 / 14 * (ABS(C32 - C33) + 13 / 14 * (ABS(C33 - C34) + 13 / 14 * (ABS(C34 - C35) + 13 / 14 * (ABS(C35 - C36) + 13 / 14 * (ABS(C36 - C37) + 13 / 14 * (ABS(C37 - C38) + 13 / 14 * (ABS(C38 - C39) + 13 / 14 * (ABS(C39 - C40) + 13 / 14 * (ABS(C40 - C41) + 13 / 14 * (ABS(C41 - C42) + 13 / 14 * (ABS(C42 - C43) + 13 / 14 * (ABS(C43 - C44) + 13 / 14 * (ABS(C44 - C45) + 13 / 14 * (ABS(C45 - C46) + 13 / 14 * (ABS(C46 - C47) + 13 / 14 * (ABS(C47 - C48) + 13 / 14 * (ABS(C48 - C49) + 13 / 14 * (ABS(C49 - C50) + 13 / 14 * (ABS(C50 - C51) + 13 / 14 * (ABS(C51 - C52) + 13 / 14 * (ABS(C52 - C53) + 13 / 14 * (ABS(C53 - C54) + 13 / 14 * (ABS(C54 - C55) + 13 / 14 * (ABS(C55 - C56) + 13 / 14 * (ABS(C56 - C57) + 13 / 14 * (ABS(C57 - C58) + 13 / 14 * (ABS(C58 - C59) + 13 / 14 * (ABS(C59 - C60) + 13 / 14 * (ABS(C60 - C61) + 13 / 14 * (ABS(C61 - C62) + 13 / 14 * (ABS(C62 - C63) + 13 / 14 * (ABS(C63 - C64) + 13 / 14 * (ABS(C64 - C65) + 13 / 14 * (ABS(C65 - C66) + 13 / 14 * (ABS(C66 - C67) + 13 / 14 * (ABS(C67 - C68) + 13 / 14 * (ABS(C68 - C69) + 13 / 14 * (ABS(C69 - C70) + 13 / 14 * (ABS(C70 - C71) + 13 / 14 * (ABS(C71 - C72) + 13 / 14 * (ABS(C72 - C73) + 13 / 14 * (ABS(C73 - C74) + 13 / 14 * (ABS(C74 - C75) + 13 / 14 * (ABS(C75 - C76) + 13 / 14 * (ABS(C76 - C77) + 13 / 14 * (ABS(C77 - C78) + 13 / 14 * (ABS(C78 - C79) + 13 / 14 * (ABS(C79 - C80) + 13 / 14 * (ABS(C80 - C81) + 13 / 14 * (ABS(C81 - C82) + 13 / 14 * (ABS(C82 - C83) + 13 / 14 * (ABS(C83 - C84) + 13 / 14 * (ABS(C84 - C85) + 13 / 14 * (ABS(C85 - C86) + 13 / 14 * (ABS(C86 - C87) + 13 / 14 * (ABS(C87 - C88) + 13 / 14 * (ABS(C88 - C89) + 13 / 14 * (ABS(C89 - C90) + 13 / 14 * (ABS(C90 - C91) + 13 / 14 * (ABS(C91 - C92) + 13 / 14 * (ABS(C92 - C93) + 13 / 14 * (ABS(C93 - C94) + 13 / 14 * (ABS(C94 - C95) + 13 / 14 * (ABS(C95 - C96) + 13 / 14 * (ABS(C96 - C97) + 13 / 14 * (ABS(C97 - C98) + 13 / 14 * (ABS(C98 - C99) + 13 / 14 * (ABS(C99 - C100) + 13 / 14 * (ABS(C100 - C101) + 13 / 14 * (ABS(C101 - C102) + 13 / 14 * (ABS(C102 - C103) + 13 / 14 * (ABS(C103 - C104) + 13 / 14 * (ABS(C104 - C105) + 13 / 14 * (ABS(C105 - C106) + 13 / 14 * (ABS(C106 - C107) + 13 / 14 * (ABS(C107 - C108) + 13 / 14 * (ABS(C108 - C109) + 13 / 14 * (ABS(C109 - C110) + 13 / 14 * (ABS(C110 - C111) + 13 / 14 * (ABS(C111 - C112) + 13 / 14 * (ABS(C112 - C113) + 13 / 14 * (ABS(C113 - C114) + 13 / 14 * (ABS(C114 - C115) + 13 / 14 * (ABS(C115 - C116) + 13 / 14 * (ABS(C116 - C117) + 13 / 14 * (ABS(C117 - C118) + 13 / 14 * (ABS(C118 - C119) + 13 / 14 * (ABS(C119 - C120) + 13 / 14 * (ABS(C120 - C121) + 13 / 14 * (ABS(C121 - C122) + 13 / 14 * (ABS(C122 - C123) + 13 / 14 * (ABS(C123 - C124) + 13 / 14 * (ABS(C124 - C125))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) - 5) <= 5 AND 50 * (C6 - XAVGC27.7) / 14 / (.071435345 * (ABS(C6 - C7) + 13 / 14 * (ABS(C7 - C8) + 13 / 14 * (ABS(C8 - C9) + 13 / 14 * (ABS(C9 - C10) + 13 / 14 * (ABS(C10 - C11) + 13 / 14 * (ABS(C11 - C12) + 13 / 14 * (ABS(C12 - C13) + 13 / 14 * (ABS(C13 - C14) + 13 / 14 * (ABS(C14 - C15) + 13 / 14 * (ABS(C15 - C16) + 13 / 14 * (ABS(C16 - C17) + 13 / 14 * (ABS(C17 - C18) + 13 / 14 * (ABS(C18 - C19) + 13 / 14 * (ABS(C19 - C20) + 13 / 14 * (ABS(C20 - C21) + 13 / 14 * (ABS(C21 - C22) + 13 / 14 * (ABS(C22 - C23) + 13 / 14 * (ABS(C23 - C24) + 13 / 14 * (ABS(C24 - C25) + 13 / 14 * (ABS(C25 - C26) + 13 / 14 * (ABS(C26 - C27) + 13 / 14 * (ABS(C27 - C28) + 13 / 14 * (ABS(C28 - C29) + 13 / 14 * (ABS(C29 - C30) + 13 / 14 * (ABS(C30 - C31) + 13 / 14 * (ABS(C31 - C32) + 13 / 14 * (ABS(C32 - C33) + 13 / 14 * (ABS(C33 - C34) + 13 / 14 * (ABS(C34 - C35) + 13 / 14 * (ABS(C35 - C36) + 13 / 14 * (ABS(C36 - C37) + 13 / 14 * (ABS(C37 - C38) + 13 / 14 * (ABS(C38 - C39) + 13 / 14 * (ABS(C39 - C40) + 13 / 14 * (ABS(C40 - C41) + 13 / 14 * (ABS(C41 - C42) + 13 / 14 * (ABS(C42 - C43) + 13 / 14 * (ABS(C43 - C44) + 13 / 14 * (ABS(C44 - C45) + 13 / 14 * (ABS(C45 - C46) + 13 / 14 * (ABS(C46 - C47) + 13 / 14 * (ABS(C47 - C48) + 13 / 14 * (ABS(C48 - C49) + 13 / 14 * (ABS(C49 - C50) + 13 / 14 * (ABS(C50 - C51) + 13 / 14 * (ABS(C51 - C52) + 13 / 14 * (ABS(C52 - C53) + 13 / 14 * (ABS(C53 - C54) + 13 / 14 * (ABS(C54 - C55) + 13 / 14 * (ABS(C55 - C56) + 13 / 14 * (ABS(C56 - C57) + 13 / 14 * (ABS(C57 - C58) + 13 / 14 * (ABS(C58 - C59) + 13 / 14 * (ABS(C59 - C60) + 13 / 14 * (ABS(C60 - C61) + 13 / 14 * (ABS(C61 - C62) + 13 / 14 * (ABS(C62 - C63) + 13 / 14 * (ABS(C63 - C64) + 13 / 14 * (ABS(C64 - C65) + 13 / 14 * (ABS(C65 - C66) + 13 / 14 * (ABS(C66 - C67) + 13 / 14 * (ABS(C67 - C68) + 13 / 14 * (ABS(C68 - C69) + 13 / 14 * (ABS(C69 - C70) + 13 / 14 * (ABS(C70 - C71) + 13 / 14 * (ABS(C71 - C72) + 13 / 14 * (ABS(C72 - C73) + 13 / 14 * (ABS(C73 - C74) + 13 / 14 * (ABS(C74 - C75) + 13 / 14 * (ABS(C75 - C76) + 13 / 14 * (ABS(C76 - C77) + 13 / 14 * (ABS(C77 - C78) + 13 / 14 * (ABS(C78 - C79) + 13 / 14 * (ABS(C79 - C80) + 13 / 14 * (ABS(C80 - C81) + 13 / 14 * (ABS(C81 - C82) + 13 / 14 * (ABS(C82 - C83) + 13 / 14 * (ABS(C83 - C84) + 13 / 14 * (ABS(C84 - C85) + 13 / 14 * (ABS(C85 - C86) + 13 / 14 * (ABS(C86 - C87) + 13 / 14 * (ABS(C87 - C88) + 13 / 14 * (ABS(C88 - C89) + 13 / 14 * (ABS(C89 - C90) + 13 / 14 * (ABS(C90 - C91) + 13 / 14 * (ABS(C91 - C92) + 13 / 14 * (ABS(C92 - C93) + 13 / 14 * (ABS(C93 - C94) + 13 / 14 * (ABS(C94 - C95) + 13 / 14 * (ABS(C95 - C96) + 13 / 14 * (ABS(C96 - C97) + 13 / 14 * (ABS(C97 - C98) + 13 / 14 * (ABS(C98 - C99) + 13 / 14 * (ABS(C99 - C100) + 13 / 14 * (ABS(C100 - C101) + 13 / 14 * (ABS(C101 - C102) + 13 / 14 * (ABS(C102 - C103) + 13 / 14 * (ABS(C103 - C104) + 13 / 14 * (ABS(C104 - C105) + 13 / 14 * (ABS(C105 - C106) + 13 / 14 * (ABS(C106 - C107) + 13 / 14 * (ABS(C107 - C108) + 13 / 14 * (ABS(C108 - C109) + 13 / 14 * (ABS(C109 - C110) + 13 / 14 * (ABS(C110 - C111) + 13 / 14 * (ABS(C111 - C112) + 13 / 14 * (ABS(C112 - C113) + 13 / 14 * (ABS(C113 - C114) + 13 / 14 * (ABS(C114 - C115) + 13 / 14 * (ABS(C115 - C116) + 13 / 14 * (ABS(C116 - C117) + 13 / 14 * (ABS(C117 - C118) + 13 / 14 * (ABS(C118 - C119) + 13 / 14 * (ABS(C119 - C120) + 13 / 14 * (ABS(C120 - C121) + 13 / 14 * (ABS(C121 - C122) + 13 / 14 * (ABS(C122 - C123) + 13 / 14 * (ABS(C123 - C124) + 13 / 14 * (ABS(C124 - C125) + 13 / 14 * (ABS(C125 - C126) + 13 / 14 * (ABS(C126 - C127) + 13 / 14 * (ABS(C127 - C128) + 13 / 14 * (ABS(C128 - C129) + 13 / 14 * (ABS(C129 - C130) + 13 / 14 * (ABS(C130 - C131))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 > 69



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
swatantra
Posted : Friday, January 20, 2017 6:08:23 PM
Registered User
Joined: 12/17/2008
Posts: 25

So using the offset function takes u back as many weeks you want or I misunderstood what you explain above. 

Bruce_L
Posted : Monday, January 23, 2017 10:07:28 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Yes, adding a 1-period moving average with an offset to an indicator will plot that parent indicator back as many bars as you want.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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