Chuck47 |
Gold User, Member, TeleChart
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Registered User |
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Saturday, June 10, 2006 |
Tuesday, February 3, 2015 12:04:51 PM |
8 [0.00% of all post / 0.00 posts per day] |
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Thanks, appreciate you taking a look at it.
Chuck
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Bruce,
Can you please post the formula to determine the next bar price for the value of the 8 period Wilder's RSI to be at 50.
Thank you!
Chuck
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Bruce, thank you, I am truly appreciative of your work!
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Wow! Thank you! May I ask for 2 more formulations, one at RSI 30 and one at RSI 50. Thanks.
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Can we try an RSI value of 70?
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I use selected values of Wilder's 2 period RSI for swing trading entry and exists. Can you share a pcf formula that calculates the next bar price needed to achieve a selected RSI value using Wilder's 2 period RSI? Thank you.
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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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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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