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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » Newbie - Looking to write a condition for an RSI 2 strategy

Newbie - Looking to write a condition for an RSI 2 strategy

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monoblock

Posted : Monday, March 19, 2018 7:44:22 PM

Registered User
Joined: 12/27/2017
Posts: 5

I've made a basic scan for an RSI 2 strategy but I would like to reduce the number of seacrh results.

How would I got about writing a formula that would give me a minumum of $0.75 below the 5 SMA? I couldn't find anything in the basics formulas provided in TC2000 that would help.

And (3% or more) of the price below the 5 SMA.

Thank you so much. Any help would be greatly appreciated

Cheers

Bruce_L

Posted : Tuesday, March 20, 2018 9:22:11 AM

Worden Trainer

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

So price must be at least $0.75 and 3% below the 5 period simple moving average?

C <= AVGC5 - .75 AND C <= .97 * AVGC5

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

monoblock

Posted : Tuesday, March 20, 2018 10:48:33 AM

Registered User
Joined: 12/27/2017
Posts: 5

Thank you so much Bruce very much appreciated.

Bruce_L

Posted : Tuesday, March 20, 2018 11:35:31 AM

Worden Trainer

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

You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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