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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » R3 Strategy

R3 Strategy Rate this Topic:
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couto7
Posted : Tuesday, May 29, 2018 11:58:29 AM
Gold Customer Gold Customer

Joined: 10/14/2004
Posts: 202

Please write PCF with the following parameters:

1. Price above the 200 day MA (simple)                                                                                                        2. The 2-period RSi drops three days in a row and the first day's drop is from below 60                              3. The 2-period RSI closes under 10 on third day which is the day of the trade (buy signal)

4.  Exit when the 2-period RSI closes above 70

-Thanks

 

 

 
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couto7
Posted : Tuesday, May 29, 2018 12:05:57 PM
Gold Customer Gold Customer

Joined: 10/14/2004
Posts: 202

Bruce,

Sorry for earlier post with confusing layout.

Price above the 200 simple day MA and the RSI drops three days in a row and first day's drop is from below 60.  The RSI closes under 10 on third day, the day which trade is triggered.  

Exit when the 2-period RSI closes above 70.

Thanks
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Bruce_L
Posted : Tuesday, May 29, 2018 12:22:10 PM


Worden Trainer

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

If Use Wilder's Smoothing is not checked.

C > AVGC200 AND RSI14 < 10 AND RSI2 < RSI2.1.1 AND RSI2.1.1 < RSI2.1.2 AND RSI2.1.2 < RSI2.1.3 AND RSI2.1.3 < 60

Exit:

RSI2 > 70

If Use Wilder's Smoothing is checked, the formulas will be quite a bit longer.

C > AVGC200 AND C < C1 AND C1 < C2 AND C2 < C3 AND 50 * (C - XAVGC3.1) / 2 / (.50003052 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50 < 10 AND 50 * (C3 - XAVGC3.4) / 2 / (.50003052 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16) + .5 * (ABS(C16 - C17)))))))))))))))) + 50 < 60

Exit:

50 * (C - XAVGC3.1) / 2 / (.50003052 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50 > 70


-Bruce
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