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PCF RSI

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reiford2

Posted : Tuesday, May 3, 2011 1:15:14 PM

Registered User
Joined: 4/3/2011
Posts: 8

i would i create a pcf for an rsi setting of 3 with to obtain an oversold reading of >20

Bruce_L

Posted : Tuesday, May 3, 2011 1:33:56 PM

Worden Trainer

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

If you mean the standard RSI Indicator:

RSI3 > 20

If you mean the RSI - Wilder's Indicator:

50 * (C - XAVGC5.1) / 3 / (.333363037576155 * (ABS(C0 - 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 > 20

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-Bruce
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