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Profile: benjaekel
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User Name: benjaekel
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Joined: Sunday, September 1, 2013
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Last 10 Posts
Topic: ConnorsRSI
Posted: Monday, October 14, 2013 8:19:57 PM

QUOTE (Bruce_L)

An Indicator Formula for RSI(Close,3) isn't necessarily simple, but we've posted about how to do this previously:

50 * (C - XAVGC5.1) / 3 / (.333363037576155 * (ABS(C - C1) + 2 / 3 * (ABS(C1 - C2) + 2 / 3 * (ABS(C2 - C3) + 2 / 3 * (ABS(C3 - C4) + 2 / 3 * (ABS(C4 - C5) + 2 / 3 * (ABS(C5 - C6) + 2 / 3 * (ABS(C6 - C7) + 2 / 3 * (ABS(C7 - C8) + 2 / 3 * (ABS(C8 - C9) + 2 / 3 * (ABS(C9 - C10) + 2 / 3 * (ABS(C10 - C11) + 2 / 3 * (ABS(C11 - C12) + 2 / 3 * (ABS(C12 - C13) + 2 / 3 * (ABS(C13 - C14) + 2 / 3 * (ABS(C14 - C15) + 2 / 3 * (ABS(C15 - C16) + 2 / 3 * (ABS(C16 - C17) + 2 / 3 * (ABS(C17 - C18) + 2 / 3 * (ABS(C18 - C19) + 2 / 3 * (ABS(C19 - C20) + 2 / 3 * (ABS(C20 - C21) + 2 / 3 * (ABS(C21 - C22) + 2 / 3 * (ABS(C22 - C23))))))))))))))))))))))))) + 50

An Indicator for the PercentRank(% Change, 100) is fairly long, but not particularly complicated:

50 * (SGN(C / C1 - C1 / C2) + SGN(C / C1 - C2 / C3) + SGN(C / C1 - C3 / C4) + SGN(C / C1 - C4 / C5) + SGN(C / C1 - C5 / C6) + SGN(C / C1 - C6 / C7) + SGN(C / C1 - C7 / C8) + SGN(C / C1 - C8 / C9) + SGN(C / C1 - C9 / C10) + SGN(C / C1 - C10 / C11) + SGN(C / C1 - C11 / C12) + SGN(C / C1 - C12 / C13) + SGN(C / C1 - C13 / C14) + SGN(C / C1 - C14 / C15) + SGN(C / C1 - C15 / C16) + SGN(C / C1 - C16 / C17) + SGN(C / C1 - C17 / C18) + SGN(C / C1 - C18 / C19) + SGN(C / C1 - C19 / C20) + SGN(C / C1 - C20 / C21) + SGN(C / C1 - C21 / C22) + SGN(C / C1 - C22 / C23) + SGN(C / C1 - C23 / C24) + SGN(C / C1 - C24 / C25) + SGN(C / C1 - C25 / C26) + SGN(C / C1 - C26 / C27) + SGN(C / C1 - C27 / C28) + SGN(C / C1 - C28 / C29) + SGN(C / C1 - C29 / C30) + SGN(C / C1 - C30 / C31) + SGN(C / C1 - C31 / C32) + SGN(C / C1 - C32 / C33) + SGN(C / C1 - C33 / C34) + SGN(C / C1 - C34 / C35) + SGN(C / C1 - C35 / C36) + SGN(C / C1 - C36 / C37) + SGN(C / C1 - C37 / C38) + SGN(C / C1 - C38 / C39) + SGN(C / C1 - C39 / C40) + SGN(C / C1 - C40 / C41) + SGN(C / C1 - C41 / C42) + SGN(C / C1 - C42 / C43) + SGN(C / C1 - C43 / C44) + SGN(C / C1 - C44 / C45) + SGN(C / C1 - C45 / C46) + SGN(C / C1 - C46 / C47) + SGN(C / C1 - C47 / C48) + SGN(C / C1 - C48 / C49) + SGN(C / C1 - C49 / C50) + SGN(C / C1 - C50 / C51) + SGN(C / C1 - C51 / C52) + SGN(C / C1 - C52 / C53) + SGN(C / C1 - C53 / C54) + SGN(C / C1 - C54 / C55) + SGN(C / C1 - C55 / C56) + SGN(C / C1 - C56 / C57) + SGN(C / C1 - C57 / C58) + SGN(C / C1 - C58 / C59) + SGN(C / C1 - C59 / C60) + SGN(C / C1 - C60 / C61) + SGN(C / C1 - C61 / C62) + SGN(C / C1 - C62 / C63) + SGN(C / C1 - C63 / C64) + SGN(C / C1 - C64 / C65) + SGN(C / C1 - C65 / C66) + SGN(C / C1 - C66 / C67) + SGN(C / C1 - C67 / C68) + SGN(C / C1 - C68 / C69) + SGN(C / C1 - C69 / C70) + SGN(C / C1 - C70 / C71) + SGN(C / C1 - C71 / C72) + SGN(C / C1 - C72 / C73) + SGN(C / C1 - C73 / C74) + SGN(C / C1 - C74 / C75) + SGN(C / C1 - C75 / C76) + SGN(C / C1 - C76 / C77) + SGN(C / C1 - C77 / C78) + SGN(C / C1 - C78 / C79) + SGN(C / C1 - C79 / C80) + SGN(C / C1 - C80 / C81) + SGN(C / C1 - C81 / C82) + SGN(C / C1 - C82 / C83) + SGN(C / C1 - C83 / C84) + SGN(C / C1 - C84 / C85) + SGN(C / C1 - C85 / C86) + SGN(C / C1 - C86 / C87) + SGN(C / C1 - C87 / C88) + SGN(C / C1 - C88 / C89) + SGN(C / C1 - C89 / C90) + SGN(C / C1 - C90 / C91) + SGN(C / C1 - C91 / C92) + SGN(C / C1 - C92 / C93) + SGN(C / C1 - C93 / C94) + SGN(C / C1 - C94 / C95) + SGN(C / C1 - C95 / C96) + SGN(C / C1 - C96 / C97) + SGN(C / C1 - C97 / C98) + SGN(C / C1 - C98 / C99) + SGN(C / C1 - C99 / C100) + SGN(C / C1 - C100 / C101)) / 100 + 50

RSI(Streak,2) is a problem however. We can create an Indicator Formula for Streak as long as we have a lookback which would bound the high absolute value of Streak available. If we used 10 for the lookback (so Streak can only range from -10 to 10), we would get a streak formula of:

ABS(C > C1) * (ABS(C1 <= C2) + ABS(C1 > C2) * (ABS(C2 <= C3) * 2 + ABS(C2 > C3) * (ABS(C3 <= C4) * 3 + ABS(C3 > C4) * (ABS(C4 <= C5) * 4 + ABS(C4 > C5) * (ABS(C5 <= C6) * 5 + ABS(C5 > C6) * (ABS(C6 <= C7) * 6 + ABS(C6 > C7) * (ABS(C7 <= C8) * 7 + ABS(C7 > C8) * (ABS(C8 <= C9) * 8 + ABS(C8 > C9) * (ABS(C9 <= C10) * 9 + ABS(C9 > C10) * 10))))))))) - (ABS(C < C1) * (ABS(C1 >= C2) + ABS(C1 < C2) * (ABS(C2 >= C3) * 2 + ABS(C2 < C3) * (ABS(C3 >= C4) * 3 + ABS(C3 < C4) * (ABS(C4 >= C5) * 4 + ABS(C4 < C5) * (ABS(C5 >= C6) * 5 + ABS(C5 < C6) * (ABS(C6 >= C7) * 6 + ABS(C6 < C7) * (ABS(C7 >= C8) * 7 + ABS(C7 < C8) * (ABS(C8 >= C9) * 8 + ABS(C8 < C9) * (ABS(C9 >= C10) * 9 + ABS(C9 < C10) * 10))))))))))

The problem is that this is too long to substitute for C into a 2-Period Wilder&#39;s RSI formula and get a formula which is short and fast enough to be practical or post in the forums. So we can only reasonably create two of the three components necessary to create the Connors RSI in TC2000 (it is possible to do this relatively easily in StockFinder however).

Could these indicators be used as visuals on the charts? Returning an error.
Topic: LAST price vs. the CLOSING price
Posted: Sunday, October 13, 2013 11:12:13 PM

Can the formulas above also be used as visual induacstors in the charts?

ty.
Topic: ConnorsRSI
Posted: Sunday, October 13, 2013 11:04:13 PM

QUOTE (diceman)

Bruce

this has nothing to do with Connors RSI

but can I have 3 more versions of your first RSI3 PCF

for 3 days back in time?

 

Based on C1 C2 and C3.

　

　

 

 

 

Thanks

Bruce, what C1, C2 & C3 stand for? Ty. Ben
Topic: Momentum Formula
Posted: Saturday, October 12, 2013 10:33:44 AM

QUOTE (Bruce_L)

[[[[[1]]]]] I am not aware of any specific meaning or indicator related to "M10". [[[[[2]]]]] So the chart is not yours? If it is somebody else&#39;s chart, what led you to the chart? I may be able to glean some context if I can follow the same path.

[[[[[1]]]]] Please disregard my request on M10. [[[[[2]]]]] I do not know the user --- Please disregard. [[[[[NEW REQUEST]]]]] The formula below paints a good idea of the visual indicator I am looking to build. I would like to use the below & also adjust the formula creating two more visual indicators. Here are two requests, Bruce. Request1: Could you add on elements to the formula to identify a true candle-over-candle on the 1-min period? I am looking to spot legit B/O & any input or suggestions are highly appreciated. Request2: Could you please add or suggest a MACD, ATR or Momentum values to be added to the original formula? Looking for intraday trading NOTE: I am looking for visual spikes in the CHARTS & also create a SCAN once the formulas are built (I believe it will take Platinum membership). ------> (L - .01 * (H - L + 1)) * ABS(50 * (C - XAVGC27.1) / 14 / (.07143535 * (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))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 > 70) + (H + .01 * (H - L + 1)) * ABS(50 * (C - XAVGC27.1) / 14 / (.07143535 * (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))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 < 30)
Topic: Momentum Formula
Posted: Tuesday, October 8, 2013 4:55:30 PM

I wish I could make myself more understanding but I cannot. The formula would be singurarly set. Other values would be used for the same formula in different charts ("momentum value can variate from chart to chart".) I am looking for 5-10-15min spikes on pure momentum-trading. Does "M10" mean something? I found this picture online which perfectly represents what I am trying to achieve. http://www.screencast.com/t/1hvvO2zndMX
Topic: Momentum Formula
Posted: Tuesday, October 8, 2013 3:51:48 PM

Bruce, I am looking to build a momentum visual indicator to show live in my charts. I would like to be able to see through spikes in the charts when the formula is met. The momentum value can variate from chart to chart, but with the same idea. "M10" shown through the spikes. Please feel free to suggest a momentum value common for daytrading. Please see this link for a better ---- http://www.screencast.com/t/1hvvO2zndMX --- Your time is appreaciated. ---BJ
Topic: Momentum Formula
Posted: Sunday, September 8, 2013 5:04:47 PM

How can I use this formula? Please.