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jfiore
Posted : Saturday, February 17, 2018 10:27:26 AM
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Joined: 10/13/2011
Posts: 29

I am putting a Custom PCF % true indicator on my chart, and I wnat to show when the RSI7 (not wilders) crosses up through the 50 line.  I am using this

RSI7>=50 and RSI7.1.1<50

but it is showing several false readings.  If I use RSI7>=50 and RSI7.1<50 it shows no readings.

Anything wrong here?  

Thank you.

bcochrane
Posted : Saturday, February 17, 2018 1:26:48 PM
Registered User
Joined: 9/17/2010
Posts: 484

If using Version 17 or 18, you could try

XUp(RSI7,50)

jfiore
Posted : Sunday, February 18, 2018 8:25:16 AM
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Joined: 10/13/2011
Posts: 29

Sorry I am using ver 12

BlastarTrader
Posted : Sunday, February 18, 2018 9:04:57 AM
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Joined: 2/18/2018
Posts: 3

Your problem here is the same I have, the reason is that your MA50 is Price data source and should be RSI7 data source. I asked the same question i a different post.

 

btw use 8up50 it works smoother :)

jfiore
Posted : Monday, February 19, 2018 8:59:17 AM
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Joined: 10/13/2011
Posts: 29

the 50 is not a moving average but the horizontal line on rsi7.  If I change the price data source to rsi7 all readings dissappear.  Still stumped.

Bruce_L
Posted : Tuesday, February 20, 2018 11:39:23 AM


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

Your formula would be for the plain RSI without Wilder's smoothing. The formula for Wilder's RSI indicator with Wilder's smoothing is going to be quite a bit longer in TC2000 v12.

50 * (C - XAVGC13.1) / 7 / (.14287089 * (ABS(C - C1) + 6 / 7 * (ABS(C1 - C2) + 6 / 7 * (ABS(C2 - C3) + 6 / 7 * (ABS(C3 - C4) + 6 / 7 * (ABS(C4 - C5) + 6 / 7 * (ABS(C5 - C6) + 6 / 7 * (ABS(C6 - C7) + 6 / 7 * (ABS(C7 - C8) + 6 / 7 * (ABS(C8 - C9) + 6 / 7 * (ABS(C9 - C10) + 6 / 7 * (ABS(C10 - C11) + 6 / 7 * (ABS(C11 - C12) + 6 / 7 * (ABS(C12 - C13) + 6 / 7 * (ABS(C13 - C14) + 6 / 7 * (ABS(C14 - C15) + 6 / 7 * (ABS(C15 - C16) + 6 / 7 * (ABS(C16 - C17) + 6 / 7 * (ABS(C17 - C18) + 6 / 7 * (ABS(C18 - C19) + 6 / 7 * (ABS(C19 - C20) + 6 / 7 * (ABS(C20 - C21) + 6 / 7 * (ABS(C21 - C22) + 6 / 7 * (ABS(C22 - C23) + 6 / 7 * (ABS(C23 - C24) + 6 / 7 * (ABS(C24 - C25) + 6 / 7 * (ABS(C25 - C26) + 6 / 7 * (ABS(C26 - C27) + 6 / 7 * (ABS(C27 - C28) + 6 / 7 * (ABS(C28 - C29) + 6 / 7 * (ABS(C29 - C30) + 6 / 7 * (ABS(C30 - C31) + 6 / 7 * (ABS(C31 - C32) + 6 / 7 * (ABS(C32 - C33) + 6 / 7 * (ABS(C33 - C34) + 6 / 7 * (ABS(C34 - C35) + 6 / 7 * (ABS(C35 - C36) + 6 / 7 * (ABS(C36 - C37) + 6 / 7 * (ABS(C37 - C38) + 6 / 7 * (ABS(C38 - C39) + 6 / 7 * (ABS(C39 - C40) + 6 / 7 * (ABS(C40 - C41) + 6 / 7 * (ABS(C41 - C42) + 6 / 7 * (ABS(C42 - C43) + 6 / 7 * (ABS(C43 - C44) + 6 / 7 * (ABS(C44 - C45) + 6 / 7 * (ABS(C45 - C46) + 6 / 7 * (ABS(C46 - C47) + 6 / 7 * (ABS(C47 - C48) + 6 / 7 * (ABS(C48 - C49) + 6 / 7 * (ABS(C49 - C50) + 6 / 7 * (ABS(C50 - C51) + 6 / 7 * (ABS(C51 - C52) + 6 / 7 * (ABS(C52 - C53) + 6 / 7 * (ABS(C53 - C54) + 6 / 7 * (ABS(C54 - C55) + 6 / 7 * (ABS(C55 - C56) + 6 / 7 * (ABS(C56 - C57) + 6 / 7 * (ABS(C57 - C58) + 6 / 7 * (ABS(C58 - C59) + 6 / 7 * (ABS(C59 - C60)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 >= 50 AND 50 * (C1 - XAVGC13.2) / 7 / (.14287089 * (ABS(C1 - C2) + 6 / 7 * (ABS(C2 - C3) + 6 / 7 * (ABS(C3 - C4) + 6 / 7 * (ABS(C4 - C5) + 6 / 7 * (ABS(C5 - C6) + 6 / 7 * (ABS(C6 - C7) + 6 / 7 * (ABS(C7 - C8) + 6 / 7 * (ABS(C8 - C9) + 6 / 7 * (ABS(C9 - C10) + 6 / 7 * (ABS(C10 - C11) + 6 / 7 * (ABS(C11 - C12) + 6 / 7 * (ABS(C12 - C13) + 6 / 7 * (ABS(C13 - C14) + 6 / 7 * (ABS(C14 - C15) + 6 / 7 * (ABS(C15 - C16) + 6 / 7 * (ABS(C16 - C17) + 6 / 7 * (ABS(C17 - C18) + 6 / 7 * (ABS(C18 - C19) + 6 / 7 * (ABS(C19 - C20) + 6 / 7 * (ABS(C20 - C21) + 6 / 7 * (ABS(C21 - C22) + 6 / 7 * (ABS(C22 - C23) + 6 / 7 * (ABS(C23 - C24) + 6 / 7 * (ABS(C24 - C25) + 6 / 7 * (ABS(C25 - C26) + 6 / 7 * (ABS(C26 - C27) + 6 / 7 * (ABS(C27 - C28) + 6 / 7 * (ABS(C28 - C29) + 6 / 7 * (ABS(C29 - C30) + 6 / 7 * (ABS(C30 - C31) + 6 / 7 * (ABS(C31 - C32) + 6 / 7 * (ABS(C32 - C33) + 6 / 7 * (ABS(C33 - C34) + 6 / 7 * (ABS(C34 - C35) + 6 / 7 * (ABS(C35 - C36) + 6 / 7 * (ABS(C36 - C37) + 6 / 7 * (ABS(C37 - C38) + 6 / 7 * (ABS(C38 - C39) + 6 / 7 * (ABS(C39 - C40) + 6 / 7 * (ABS(C40 - C41) + 6 / 7 * (ABS(C41 - C42) + 6 / 7 * (ABS(C42 - C43) + 6 / 7 * (ABS(C43 - C44) + 6 / 7 * (ABS(C44 - C45) + 6 / 7 * (ABS(C45 - C46) + 6 / 7 * (ABS(C46 - C47) + 6 / 7 * (ABS(C47 - C48) + 6 / 7 * (ABS(C48 - C49) + 6 / 7 * (ABS(C49 - C50) + 6 / 7 * (ABS(C50 - C51) + 6 / 7 * (ABS(C51 - C52) + 6 / 7 * (ABS(C52 - C53) + 6 / 7 * (ABS(C53 - C54) + 6 / 7 * (ABS(C54 - C55) + 6 / 7 * (ABS(C55 - C56) + 6 / 7 * (ABS(C56 - C57) + 6 / 7 * (ABS(C57 - C58) + 6 / 7 * (ABS(C58 - C59) + 6 / 7 * (ABS(C59 - C60) + 6 / 7 * (ABS(C60 - C61)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 < 50



-Bruce
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