Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
Kaufman's Efficiency Ratio (ER)
Template
Function Version (v17+)
2 * RSI(x, y, z) - 100
Indicator Version
2 * RSIx.y.z - 100
Where x is the Period of the Indicator
Where y is a the Period of an additional Simple Moving Average
Where z is the number of Bars Ago. z can also be a date in the indicator version. May 4, 2015 would be (single quotes required): '05/04/2015'
Related Topics
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
Registered User
Joined: 1/25/2005
Posts: 39
|
Hello,
can this be used as a filter to filter out all stocks that are below a certain number of that indicator for all stocks on intraday 5mn timeframe for example?
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
Yes, you would just put < followed by the desired numeric value after the end of the formula. So for example if you wanted a 20 period version with no additional smoothing being below 30, this could be written as follows.
2 * RSI20 - 100 < 30
Note that this could be simplified somewhat to the followinging.
RSI20 < 65
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|