Registered User
Joined: 10/7/2004
Posts: 5
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HI, TRIED RSI=RSI1 AND RSI1=RSI2 AND RSI2=RSI3 AS EASY SCAN. RESULTS PRODUCED CHARTS WITH 3 DAYS OF LEVEL RSI BUT SOME WERE LAST 3 DAYS AND SOME CHARTS HAD 3 DAY FLAT 5-10 DAYS AGO OR LONGER. CAN YOU GIVE ME A HAND. THX
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Writing a formula for Wilder's RSI requires knowing the settings:
RSI Period: ?
Use Wilders Smoothing: Checked or Unchecked?
Avg Period: ?
Average Type: Simple or Exponential?
The format for RSI in TeleChart's Personal Criteria Formula Language is:
RSIx.y.z
Where:
x -> RSI Period
y -> Avg Period w/Average Type of Simple
z -> Periods Ago
Wilders Smoothing and/or an Average Type of Exponential are not part of the RSI indicator in TeleChart's PCF Language and must be expanded manually. You may wish to review the following:
Handy PCF example formulas to help you learn the syntax of PCFs!
How to create a Personal Criteria Forumula (PCF)
Cascades of Moving Averages
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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