Registered User Joined: 6/10/2006 Posts: 8
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Please see the Connors RSI (CRSI) topic for improved syntax in TC2000 v17+.
Larry Connors has just disclosed a new propreitary momentum oscillator from Connors Research used for swing trading. The indicator combines Wilder's RSI plus duration of an up / down trend and relative magnitude of price change into a single oscillator number. Connor's research shows that the combination of the three elements is superior to analyzing the elements individually.
I have included a link to TradingMarkets.com that will allow you to download the formula information free of charge: http://www.tradingmarkets.com/about/tradingmarkets/our-latest-release-i-an-introduction-to-b-connorsrsi-b-i-1581332.html
Could you please explore writing a custom indicator for the ConnorsRSI. I would also highly recommend that Worden explore including ConnorsRSI as a standard indicator within TC2000.
Thanks
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Registered User Joined: 7/30/2007 Posts: 1,072
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It's early on a Sunday morning and I haven't had my coffee yet, but two thoughts ...
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I just downloaded the PDF so I haven't looked at the ConnorsRSI calculations yet, but if possible a PCF would be great.
-
I know Worden has had Larry Connors do a Tuesday evening webinar or two in the past - perhaps Larry can do one on ConnorsRSI.
Time for coffee! :)
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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'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).
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 6/10/2006 Posts: 8
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Bruce, thank you for your efforts! Is it possible in the future that the ConnorsRSI could be programmed into TC2000 as a standard indicator?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I could not say if it will possible to add ConnorsRSI to TC2000 as a standard indicator. It would certainly seem to be possible from a technical standpoint, but it is a proprietary indicator.
Thank you for your suggestion. It has been assigned case number 9373.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Platinum Customer
Joined: 1/30/2005 Posts: 135
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I made a ConnorsRSI in StockFinder as follows
1. Create UpDown indicator as follows
Static UpCount As Integer
Static DownCount As Integer
If Me.isFirstBar Then
UpCount = 0
DownCount = 0
End If
If price.close > price.Close(1) Then
UpCount = UpCount + 1
DownCount = 0
ElseIf price.close < price.Close(1) Then
DownCount = DownCount + 1
UpCount = 0
Else
UpCount = 0
DownCount = 0
End If
If UpCount > 0 Then
plot = UpCount
ElseIf DownCount > 0 Then
plot = DownCount * -1
End If
Then create child Wilder's RSI 2,1 on the UpDown indicator
2. Create Price Percent Change indicator, then cretae a child indicator of Worden Stochastic 100,1
3. Create a Wilder's RSI 3,1 indicator
4. Create the ConnorsRSI RealCode indicator as follows by dragging the charts to RealCode to get variables
'# RSI2 = chart.WildersRSI.4
'# PctRank = chart.WordenStochastic.4
'# RSI3 = chart.WildersRSI
plot = (RSI2.value + PctRank.value + RSI3.value) / 3
My PC has 8 gigs of ram, i7 processor, and ssd drive and filters still take a while to run
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Registered User Joined: 8/21/2007 Posts: 181
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Is it possible that this can be made without dragging and keeping all the indicators?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please try the following RealCode Indicator. It will differ slightly from maljester's version, but the differences should not be too significant.
'|******************************************************************
'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com
'|*** Copy and paste this header and code into StockFinder *********
'|*** Indicator:ConnorsRSI
'|******************************************************************
'# Cumulative
Static sumWeight(1) As Single
Static termRatio(1) As Single
Static weight As Single
Static num(1) As Single
Static den(1) As Single
Static ratio As New List(Of Single)
Static streak As Integer
If isFirstBar Then
For i As Integer = 0 To 1
sumWeight(i) = 1
num(i) = 0
den(i) = 0
Next
termRatio(0) = 2 / 3
termRatio(1) = 1 / 2
ratio.Clear
streak = 0
Plot = 50
Else
Dim output As Single = 0
Dim net As Single = Price.Last - Price.Last(1)
weight = 1 / sumWeight(0)
num(0) = num(0) * (1 - weight) + weight * System.Math.Max(0, net)
den(0) = den(0) * (1 - weight) + weight * System.Math.Abs(net)
sumWeight(0) = sumWeight(0) * termRatio(0) + 1
weight = 1 / sumWeight(1)
net = System.Math.Sign(net)
If System.Math.Sign(streak) = net Then
num(1) = num(1) * (1 - weight) + weight * System.Math.Max(0, net)
den(1) = den(1) * (1 - weight) + weight * System.Math.Abs(net)
streak += net
Else
num(1) = num(1) * (1 - weight) + weight * System.Math.Max(0, net - streak)
den(1) = den(1) * (1 - weight) + weight * System.Math.Abs(net - streak)
streak = net
End If
sumWeight(1) = sumWeight(1) * termRatio(1) + 1
For i As Integer = 0 To 1
If den(i) > 0 Then
output += num(i) / den(i)
Else
output += .5
End If
Next
Dim rank As Integer
ratio.Insert(0, Price.Last / Price.Last(1))
If ratio.Count > 1 Then
For i As Integer = 1 To ratio.Count - 1
rank += System.Math.Sign(ratio(0) - ratio(i))
Next
If ratio.Count = 101 Then
ratio.RemoveAt(ratio.Count - 1)
End If
output += rank / ratio.Count / 2 + .5
Else
output += .5
End If
Plot = 100 * output / 3
End If
If isLastBar Then
ratio.Clear
End If
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Platinum Customer
Joined: 1/30/2005 Posts: 135
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Chart values are close to my version but filters run more than twice as fast with Bruce's version. Great job Bruce. Thanks so much for the RealCode.
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Registered User Joined: 1/28/2005 Posts: 6,049
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Bruce
Does your second PCF percent rank
match the StockFinder calculaton?
I was looking at symbol PKI
on Dec 7 2012.
The max per up is 9.79
The min per down is neg 3.44
The Dec 7 close is neg .36
That would give a 100 day Stoc of about 23.3
Your PCF shows 35.35 on Dec 7 for PKI.
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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It is a percentile rank (or a Wilder's Stochastic), not a normal Stochastic. It doesn't matter really where it falls in the range of the highest percent change to the lowest percent change. It matters how many percentage changes were lower, higher or the same.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 1/28/2005 Posts: 6,049
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If the 35.35 is correct what value do you get for the streak RSI and
the final Connors RSI for PKI on Dec 7?
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I get a 3-Period Wilder's RSI of Price of 15.56, a 2-Period Wilder's RSI of Streak of 3.26 and 100-Period Percentile Rank of 1-Period Price Percent Change of 35.35 for PKI on December 7, 2012.
Note that there are changes in the RealCode given in myTuesday, December 18, 2012 1:03:30 PM ET post since it was first posted. You may want to re-copy and paste the current version into StockFinder if you are having issues (the streak variable was not getting changed at each bar in the original version).
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 1/28/2005 Posts: 6,049
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I saw a Connors video where they give
PKI 18.27
LOW 21.46
VFC 21.98
ABB 82.15
as the Connors RSI values for Dec 7 2012
and was trying to zero in on the numbers.
Technically the PKI close has 35 closes worse than it.
Im guessing the denominator changes to 99
because one of the 100 days was unchanged?
35 divided by 99 would give you 35.35
or is it because of something else?
Can you explain whats happening in your PCF
I dont use SGN that often.
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The Percent Change is higher than 35, the same as 1 (itself) and less than 64. I got my value for Percentile Rank by replacing:
Plot = 100 * output / 3
With:
Plot = 100 * (rank / ratio.Count / 2 + .5)
This was a mistake as ratio.Count would have been 100 when it was added to output, but had been reduced to 99 by the time of the Plot statement. The actual value at the time of the calculation would have been:
35.5
The .5 is a result of the tie with itself (an item that is part of the set is included in the percentile rank of that set).
SGN(C / C1 - C1 / C2)
Will return 1 if C / C1 > C1 / C2, 0 if C/ C1 = C1 / C2 and -1 if C / C1 < C1 / C2. We are doing this for 100 items (actually, the PCF only does so for 99 because it doesn't actually make the comparison with itself). The value will range from -99 to 99 (but could range from -100 to 100 if C / C1 could somehow <> C / C1).
Since we have a range of 200 points when we only want a range of 100 points, we divide the result by two to get a range of -50 to 50 instead of -100 to 100. Since we want the result to from 0 to 100 instead of -50 to 50, we add 50.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 1/28/2005 Posts: 6,049
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Well Bruce
you lost me with the tie with itself part and the could somehow part.
Sounds like you are always using 99?
I read the Connors PDF again and realized I made a mistake.
I had used the Dec 7 per change as part of the 100 days.
It says compared to the pervious 100.
Bringing the July 16 closing percent into the picture
makes my count 36.
36 closing percents of the previous 100 were lower than the Dec 7 percent.
Which for PKI gives me
RSIStreak 3.26
RSIPercent 36
RSI3 15.56
That comes out to 18.27 which matches Connors number exactly.
While 35.35 isnt much error as its one third of the final I feel better hitting the Connors number exactly.
I didnt expect this to have enough rounding error to miss by much.
I apologize if this was difficult to read as I get all types of gibberish when I use certain symbols.
Im trying to type as raw as possible.
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Well since the goal in to replicate ConnorsRSI and not necessarily to calculate Percentile Ranks correctly, I can certianly make those changes (which should be reflected in the PCFs and RealCode given above).
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 1/28/2005 Posts: 6,049
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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
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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3-Period Wilder's Smoothed RSI from 1-bar ago:
50 * (C1 - XAVGC5.2) / 3 / (.333363037576155 * (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) + 2 / 3 * (ABS(C23 - C24))))))))))))))))))))))))) + 50
3-Period Wilder's Smoothed RSI from 2-bars ago:
50 * (C2 - XAVGC5.3) / 3 / (.333363037576155 * (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) + 2 / 3 * (ABS(C23 - C24) + 2 / 3 * (ABS(C24 - C25))))))))))))))))))))))))) + 50
3-Period Wilder's Smoothed RSI from 3-bars ago:
50 * (C3 - XAVGC5.4) / 3 / (.333363037576155 * (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) + 2 / 3 * (ABS(C23 - C24) + 2 / 3 * (ABS(C24 - C25) + 2 / 3 * (ABS(C25 - C26))))))))))))))))))))))))) + 50
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 6/11/2012 Posts: 2
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Hi Everyone,
I'm not familiar with RealCode or Stock Finder, but if I can assist your efforts by supplying some ConnorsRSI values (or the values of the three components), please let me know. Also note that you can always get current ConnorsRSI values by entering a ticker symbol on the free Analytics page on the Trading Markets web site: http://analytics.tradingmarkets.com/.
Regards,
Matt Radtke
Senior Researcher, Connors Research
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Registered User Joined: 7/30/2007 Posts: 1,072
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Looks like folks have made progress in "StockFinder-izing" ConnorsRSI.
I've pretty much made the transition to TC2000 v12.3, though ... and it would sure be nice if ConnorsRSI would be available in the TC2000 Standard Indicator Library.
Recently ConnorsRSI has become available for AmiBroker, TradeStation, and Thinkorswim.
Surely the winner of S&C Reader's Choice for 20 years running can figure out a way to add it to their toolbox.
I've contacted LarryConnors in the past and he's not only okay with Worden adding ConnorsRSI to the TC2000 library, he even offered to do a webinar (Larry has done Worden webinars in the past).
Maybe Matt Radtke (above) can help with the calculation. Now that v12.3 is live, I'm sure the programmers are just sitting around with nothing to do :)
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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We are planning on adding ConnorsRSI to TC2000 version 12.3, I just could not say when it will happen.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/30/2007 Posts: 1,072
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Sweet!!
I'm doing okay without ConnorsRSI, but I'm always looking for ways to improve my P&L.
Tell you what Bruce ... I already circled April 26th & 27th on my calendar (when Julia, Gary, and Tal are coming to Chicago) ... put in a good word with the programmers and I'll not only buy Julia, Gary, and Tal a drink, I'll give them a little something to bring back for you ... just name it: Wine? Scotch? Maybe some cigars??
;)
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Registered User Joined: 12/30/2004 Posts: 2
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Any update as to when Connors RSI will be added to TC2000 12.3?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I know we are planning on adding it, but I do not have a timetable on when exactly it will happen.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 3/28/2005 Posts: 3
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Any estimate for adding ConnersRSI?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I was told there were plans to add ConnersRSI, but I do not know when it will happen. The programmers have been busy with other stuff.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/30/2007 Posts: 1,072
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QUOTE (Bruce_L) The programmers have been busy with other stuff.
Just a suggestion...
Order some pizza for the programmers, lock them in a room, and don't let them out until the "opening 15 minutes of the trading day" bug is fixed.
I might even be willing to pop for some Chicago pizza. Everyone knows we have the best! Or I can treat Julia to some pizza when she's in town April 26th & 27th, and we can ship some back to Worden for the programmers :)
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Registered User Joined: 5/24/2006 Posts: 3
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Hi Bruce,
I would appreciate it if you would supply the complete RSI(streak,2) formula representing the third component of the ConnorsRSI formula.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I already indicated in my Monday, November 26, 2012 12:46:12 PM ET post that this is not possible.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 5/24/2006 Posts: 3
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I understood from your post that the formula would be too long or practical to supply. I would accept an email. :-)
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I will not be sending the formula by email either. The formula is about 42000 characters long and will not even fit into the standard Windows clipboard (which is limited ot 32768 characters). While it could probably be shortened somewhat, I cannot think of a way to optimize it enough.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 5/24/2006 Posts: 3
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Wow!
I didn't realize that it would be that large. Thanks for sharing your thoughts Bruce. I'll wait for the coders to include it in TC2000.
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Registered User Joined: 4/20/2009 Posts: 188
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Bruce:
on the 18th of dec. at 1:03 you posted the real code for connorsRSI use in Stockfinder.
on the 20th of dec at 2:19 you posted some further/additional real code for connorsRSI
Can you please elaborate on the realtionship between these two postings? Do they go together?
thanks. kd
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The RealCode in my Wednesday, December 19, 2012 3:09:07 PM ET was not intended to be used. It just explained how the percentile values from my Wednesday, December 19, 2012 11:45:43 AM ET post were extracted from the RealCode Indicator contained in my Tuesday, December 18, 2012 1:03:30 PM ET post.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/12/2007 Posts: 10
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Dear Bruce.
Since November 2012, many users are claiming Worden to includes "Connors RSI" as an standard indicator on TC2000. Please try to do this.
Thanks
Pat
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Thank you for your suggestion.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 1/28/2012 Posts: 62
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Here's another vote for Worden to add ConnorsRSI.
I've been using various Connors' strategies for 5 years. Some of their strategies are a bit stale, but ConnorsRSI is hot now. And TC2000 users are late to the party.
As Putt4Dough pointed out almost 5 months ago, if we were using AmiBroker, TradeStation, thinkorswim (and others by now, now doubt), we wouldn't be standing around on the sidelines, watching other people improve their strategies and make money with ConnorsRSI.
We can stop harrassing Bruce about this. He gets it. I wonder if Worden management gets it, too.
Hope ConnorsRSI shows up in 12.4.
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Registered User Joined: 7/30/2007 Posts: 1,072
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Has it only been 5 months? Seems like forever :)
Fortunately my trading plan doesn't rely on ConnorsRSI, or the first few bars at the open.
If it's a matter of manpower, and Worden needs additional Software Ninjas, I might be available ... would love to golf w/ Tal in North Carolina :)
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Platinum Customer
Joined: 1/30/2005 Posts: 135
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I have been using ConnorsRSI in SF5 for months. Works great.
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