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Registered User Joined: 10/25/2008 Posts: 218
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Hi,
Is there any way to set up a 5 period RSI indicator in TC?
Thanks!
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Registered User Joined: 1/28/2005 Posts: 6,049
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Its one of the built in indicators.
Thanks
diceman
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Registered User Joined: 10/25/2008 Posts: 218
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Would I go to "add indicator" within the cahrt, and choose Relative Strength? Doesn't seem to offer a period. Or are you saying to use the Wilder's RSI and choose the period. I'm not sure of the differences between regular RSi and Wilders.
Thanks
QUOTE (diceman) Its one of the built in indicators.
Thanks
diceman
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Registered User Joined: 1/28/2005 Posts: 6,049
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Yes Wilder's.
"Relative strength" is for when you want to compare against
another symbol.
(say your stock vs. the SP500)
Thanks
diceman
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Registered User Joined: 10/25/2008 Posts: 218
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If I use the Wilder's RSI, and I am looking for the 5 period, would the "RSI Period be 5" and the "Avg Period be 30" (default setting) or would the Avg Period be 5?
Thank you
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Registered User Joined: 1/28/2005 Posts: 6,049
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I dont use it but I believe "avg period" would be 1.
(its for smoothing after the original smoothing)
Someone will correct if Im wrong.
Thanks
diceman
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You would generally want Use Wilders Smoothing Checked and the Average Period set to 1 (at which point the Average Type doesn't matter).
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 10/25/2008 Posts: 218
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Thank you both for helping me work through this
QUOTE (Bruce_L) You would generally want Use Wilders Smoothing Checked and the Average Period set to 1 (at which point the Average Type doesn't matter).
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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nabanco98,
You're welcome. Our pleasure.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 12/5/2005 Posts: 63
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Bruce, would you please help me to write four PCFs for 5 period RSI:
1) Yesterday's 5 period RSI > 30.
2) Today's 5 period RSI < 30
3) Yesterday's 5 period RSI < 70
4) Today's 5 period RSI > 70.
The setting for 5 period RSI:
RSI Period: 5
Use Wilders Smoothing
Avg Period: 1
Average Type: Simple
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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QUOTE (auchang929) Yesterday's 5 period RSI > 30
50 * (C1 - XAVGC9.2) / 5 / (.20001701556587 * (ABS(C1 - C2) + .8 * (ABS(C2 - C3) + .8 * (ABS(C3 - C4) + .8 * (ABS(C4 - C5) + .8 * (ABS(C5 - C6) + .8 * (ABS(C6 - C7) + .8 * (ABS(C7 - C8) + .8 * (ABS(C8 - C9) + .8 * (ABS(C9 - C10) + .8 * (ABS(C10 - C11) + .8 * (ABS(C11 - C12) + .8 * (ABS(C12 - C13) + .8 * (ABS(C13 - C14) + .8 * (ABS(C14 - C15) + .8 * (ABS(C15 - C16) + .8 * (ABS(C16 - C17) + .8 * (ABS(C17 - C18) + .8 * (ABS(C18 - C19) + .8 * (ABS(C19 - C20) + .8 * (ABS(C20 - C21) + .8 * (ABS(C21 - C22) + .8 * (ABS(C22 - C23) + .8 * (ABS(C23 - C24) + .8 * (ABS(C24 - C25) + .8 * (ABS(C25 - C26) + .8 * (ABS(C26 - C27) + .8 * (ABS(C27 - C28) + .8 * (ABS(C28 - C29) + .8 * (ABS(C29 - C30) + .8 * (ABS(C30 - C31) + .8 * (ABS(C31 - C32) + .8 * (ABS(C32 - C33) + .8 * (ABS(C33 - C34) + .8 * (ABS(C34 - C35) + .8 * (ABS(C35 - C36) + .8 * (ABS(C36 - C37) + .8 * (ABS(C37 - C38) + .8 * (ABS(C38 - C39) + .8 * (ABS(C39 - C40) + .8 * (ABS(C40 - C41) + .8 * (ABS(C41 - C42) + .8 * (ABS(C42 - C43)))))))))))))))))))))))))))))))))))))))))))) + 50 > 30
QUOTE (auchang929) Today's 5 period RSI < 30
50 * (C - XAVGC9.1) / 5 / (.20001701556587 * (ABS(C0 - C1) + .8 * (ABS(C1 - C2) + .8 * (ABS(C2 - C3) + .8 * (ABS(C3 - C4) + .8 * (ABS(C4 - C5) + .8 * (ABS(C5 - C6) + .8 * (ABS(C6 - C7) + .8 * (ABS(C7 - C8) + .8 * (ABS(C8 - C9) + .8 * (ABS(C9 - C10) + .8 * (ABS(C10 - C11) + .8 * (ABS(C11 - C12) + .8 * (ABS(C12 - C13) + .8 * (ABS(C13 - C14) + .8 * (ABS(C14 - C15) + .8 * (ABS(C15 - C16) + .8 * (ABS(C16 - C17) + .8 * (ABS(C17 - C18) + .8 * (ABS(C18 - C19) + .8 * (ABS(C19 - C20) + .8 * (ABS(C20 - C21) + .8 * (ABS(C21 - C22) + .8 * (ABS(C22 - C23) + .8 * (ABS(C23 - C24) + .8 * (ABS(C24 - C25) + .8 * (ABS(C25 - C26) + .8 * (ABS(C26 - C27) + .8 * (ABS(C27 - C28) + .8 * (ABS(C28 - C29) + .8 * (ABS(C29 - C30) + .8 * (ABS(C30 - C31) + .8 * (ABS(C31 - C32) + .8 * (ABS(C32 - C33) + .8 * (ABS(C33 - C34) + .8 * (ABS(C34 - C35) + .8 * (ABS(C35 - C36) + .8 * (ABS(C36 - C37) + .8 * (ABS(C37 - C38) + .8 * (ABS(C38 - C39) + .8 * (ABS(C39 - C40) + .8 * (ABS(C40 - C41) + .8 * (ABS(C41 - C42)))))))))))))))))))))))))))))))))))))))))))) + 50 < 30
QUOTE (auchang929) Yesterday's 5 period RSI < 70
50 * (C1 - XAVGC9.2) / 5 / (.20001701556587 * (ABS(C1 - C2) + .8 * (ABS(C2 - C3) + .8 * (ABS(C3 - C4) + .8 * (ABS(C4 - C5) + .8 * (ABS(C5 - C6) + .8 * (ABS(C6 - C7) + .8 * (ABS(C7 - C8) + .8 * (ABS(C8 - C9) + .8 * (ABS(C9 - C10) + .8 * (ABS(C10 - C11) + .8 * (ABS(C11 - C12) + .8 * (ABS(C12 - C13) + .8 * (ABS(C13 - C14) + .8 * (ABS(C14 - C15) + .8 * (ABS(C15 - C16) + .8 * (ABS(C16 - C17) + .8 * (ABS(C17 - C18) + .8 * (ABS(C18 - C19) + .8 * (ABS(C19 - C20) + .8 * (ABS(C20 - C21) + .8 * (ABS(C21 - C22) + .8 * (ABS(C22 - C23) + .8 * (ABS(C23 - C24) + .8 * (ABS(C24 - C25) + .8 * (ABS(C25 - C26) + .8 * (ABS(C26 - C27) + .8 * (ABS(C27 - C28) + .8 * (ABS(C28 - C29) + .8 * (ABS(C29 - C30) + .8 * (ABS(C30 - C31) + .8 * (ABS(C31 - C32) + .8 * (ABS(C32 - C33) + .8 * (ABS(C33 - C34) + .8 * (ABS(C34 - C35) + .8 * (ABS(C35 - C36) + .8 * (ABS(C36 - C37) + .8 * (ABS(C37 - C38) + .8 * (ABS(C38 - C39) + .8 * (ABS(C39 - C40) + .8 * (ABS(C40 - C41) + .8 * (ABS(C41 - C42) + .8 * (ABS(C42 - C43)))))))))))))))))))))))))))))))))))))))))))) + 50 < 70
QUOTE (auchang929) Today's 5 period RSI > 70
50 * (C - XAVGC9.1) / 5 / (.20001701556587 * (ABS(C0 - C1) + .8 * (ABS(C1 - C2) + .8 * (ABS(C2 - C3) + .8 * (ABS(C3 - C4) + .8 * (ABS(C4 - C5) + .8 * (ABS(C5 - C6) + .8 * (ABS(C6 - C7) + .8 * (ABS(C7 - C8) + .8 * (ABS(C8 - C9) + .8 * (ABS(C9 - C10) + .8 * (ABS(C10 - C11) + .8 * (ABS(C11 - C12) + .8 * (ABS(C12 - C13) + .8 * (ABS(C13 - C14) + .8 * (ABS(C14 - C15) + .8 * (ABS(C15 - C16) + .8 * (ABS(C16 - C17) + .8 * (ABS(C17 - C18) + .8 * (ABS(C18 - C19) + .8 * (ABS(C19 - C20) + .8 * (ABS(C20 - C21) + .8 * (ABS(C21 - C22) + .8 * (ABS(C22 - C23) + .8 * (ABS(C23 - C24) + .8 * (ABS(C24 - C25) + .8 * (ABS(C25 - C26) + .8 * (ABS(C26 - C27) + .8 * (ABS(C27 - C28) + .8 * (ABS(C28 - C29) + .8 * (ABS(C29 - C30) + .8 * (ABS(C30 - C31) + .8 * (ABS(C31 - C32) + .8 * (ABS(C32 - C33) + .8 * (ABS(C33 - C34) + .8 * (ABS(C34 - C35) + .8 * (ABS(C35 - C36) + .8 * (ABS(C36 - C37) + .8 * (ABS(C37 - C38) + .8 * (ABS(C38 - C39) + .8 * (ABS(C39 - C40) + .8 * (ABS(C40 - C41) + .8 * (ABS(C41 - C42)))))))))))))))))))))))))))))))))))))))))))) + 50 > 70
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 12/5/2005 Posts: 63
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Bruce, thank you for all your help.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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auchang929,
You're welcome. Our pleasure.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 12/5/2005 Posts: 63
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Bruce, would you please help me to write four PCFs for 7 period RSI:
1) Yesterday's 7 period RSI > 30.
2) Today's 7 period RSI < 30
3) Yesterday's 7 period RSI < 70
4) Today's 7 period RSI > 70.
The setting for 7 period RSI:
RSI Period: 7
Use Wilders Smoothing
Avg Period: 1
Average Type: Simple
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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QUOTE (auchang929) Yesterday's 7 period RSI > 30
50 * (C1 - XAVGC13.2) / 7 / (.1428709 * (ABS(C1 - C2) + 6 / 7 * (ABS(C2 - C3) + 6 / 7 * (ABS(C3 - C4) + 6 / 7 * (ABS(C4 - C5) + 6 / 7 * (ABS(C5 - C6) + 6 / 7 * (ABS(C6 - C7) + 6 / 7 * (ABS(C7 - C8) + 6 / 7 * (ABS(C8 - C9) + 6 / 7 * (ABS(C9 - C10) + 6 / 7 * (ABS(C10 - C11) + 6 / 7 * (ABS(C11 - C12) + 6 / 7 * (ABS(C12 - C13) + 6 / 7 * (ABS(C13 - C14) + 6 / 7 * (ABS(C14 - C15) + 6 / 7 * (ABS(C15 - C16) + 6 / 7 * (ABS(C16 - C17) + 6 / 7 * (ABS(C17 - C18) + 6 / 7 * (ABS(C18 - C19) + 6 / 7 * (ABS(C19 - C20) + 6 / 7 * (ABS(C20 - C21) + 6 / 7 * (ABS(C21 - C22) + 6 / 7 * (ABS(C22 - C23) + 6 / 7 * (ABS(C23 - C24) + 6 / 7 * (ABS(C24 - C25) + 6 / 7 * (ABS(C25 - C26) + 6 / 7 * (ABS(C26 - C27) + 6 / 7 * (ABS(C27 - C28) + 6 / 7 * (ABS(C28 - C29) + 6 / 7 * (ABS(C29 - C30) + 6 / 7 * (ABS(C30 - C31) + 6 / 7 * (ABS(C31 - C32) + 6 / 7 * (ABS(C32 - C33) + 6 / 7 * (ABS(C33 - C34) + 6 / 7 * (ABS(C34 - C35) + 6 / 7 * (ABS(C35 - C36) + 6 / 7 * (ABS(C36 - C37) + 6 / 7 * (ABS(C37 - C38) + 6 / 7 * (ABS(C38 - C39) + 6 / 7 * (ABS(C39 - C40) + 6 / 7 * (ABS(C40 - C41) + 6 / 7 * (ABS(C41 - C42) + 6 / 7 * (ABS(C42 - C43) + 6 / 7 * (ABS(C43 - C44) + 6 / 7 * (ABS(C44 - C45) + 6 / 7 * (ABS(C45 - C46) + 6 / 7 * (ABS(C46 - C47) + 6 / 7 * (ABS(C47 - C48) + 6 / 7 * (ABS(C48 - C49) + 6 / 7 * (ABS(C49 - C50) + 6 / 7 * (ABS(C50 - C51) + 6 / 7 * (ABS(C51 - C52) + 6 / 7 * (ABS(C52 - C53) + 6 / 7 * (ABS(C53 - C54) + 6 / 7 * (ABS(C54 - C55) + 6 / 7 * (ABS(C55 - C56) + 6 / 7 * (ABS(C56 - C57) + 6 / 7 * (ABS(C57 - C58) + 6 / 7 * (ABS(C58 - C59) + 6 / 7 * (ABS(C59 - C60) + 6 / 7 * (ABS(C60 - C61)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 > 30
QUOTE (auchang929) Today's 7 period RSI < 30
50 * (C - XAVGC13.1) / 7 / (.1428709 * (ABS(C - C1) + 6 / 7 * (ABS(C1 - C2) + 6 / 7 * (ABS(C2 - C3) + 6 / 7 * (ABS(C3 - C4) + 6 / 7 * (ABS(C4 - C5) + 6 / 7 * (ABS(C5 - C6) + 6 / 7 * (ABS(C6 - C7) + 6 / 7 * (ABS(C7 - C8) + 6 / 7 * (ABS(C8 - C9) + 6 / 7 * (ABS(C9 - C10) + 6 / 7 * (ABS(C10 - C11) + 6 / 7 * (ABS(C11 - C12) + 6 / 7 * (ABS(C12 - C13) + 6 / 7 * (ABS(C13 - C14) + 6 / 7 * (ABS(C14 - C15) + 6 / 7 * (ABS(C15 - C16) + 6 / 7 * (ABS(C16 - C17) + 6 / 7 * (ABS(C17 - C18) + 6 / 7 * (ABS(C18 - C19) + 6 / 7 * (ABS(C19 - C20) + 6 / 7 * (ABS(C20 - C21) + 6 / 7 * (ABS(C21 - C22) + 6 / 7 * (ABS(C22 - C23) + 6 / 7 * (ABS(C23 - C24) + 6 / 7 * (ABS(C24 - C25) + 6 / 7 * (ABS(C25 - C26) + 6 / 7 * (ABS(C26 - C27) + 6 / 7 * (ABS(C27 - C28) + 6 / 7 * (ABS(C28 - C29) + 6 / 7 * (ABS(C29 - C30) + 6 / 7 * (ABS(C30 - C31) + 6 / 7 * (ABS(C31 - C32) + 6 / 7 * (ABS(C32 - C33) + 6 / 7 * (ABS(C33 - C34) + 6 / 7 * (ABS(C34 - C35) + 6 / 7 * (ABS(C35 - C36) + 6 / 7 * (ABS(C36 - C37) + 6 / 7 * (ABS(C37 - C38) + 6 / 7 * (ABS(C38 - C39) + 6 / 7 * (ABS(C39 - C40) + 6 / 7 * (ABS(C40 - C41) + 6 / 7 * (ABS(C41 - C42) + 6 / 7 * (ABS(C42 - C43) + 6 / 7 * (ABS(C43 - C44) + 6 / 7 * (ABS(C44 - C45) + 6 / 7 * (ABS(C45 - C46) + 6 / 7 * (ABS(C46 - C47) + 6 / 7 * (ABS(C47 - C48) + 6 / 7 * (ABS(C48 - C49) + 6 / 7 * (ABS(C49 - C50) + 6 / 7 * (ABS(C50 - C51) + 6 / 7 * (ABS(C51 - C52) + 6 / 7 * (ABS(C52 - C53) + 6 / 7 * (ABS(C53 - C54) + 6 / 7 * (ABS(C54 - C55) + 6 / 7 * (ABS(C55 - C56) + 6 / 7 * (ABS(C56 - C57) + 6 / 7 * (ABS(C57 - C58) + 6 / 7 * (ABS(C58 - C59) + 6 / 7 * (ABS(C59 - C60)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 < 30
QUOTE (auchang929) Yesterday's 7 period RSI < 70
50 * (C1 - XAVGC13.2) / 7 / (.1428709 * (ABS(C1 - C2) + 6 / 7 * (ABS(C2 - C3) + 6 / 7 * (ABS(C3 - C4) + 6 / 7 * (ABS(C4 - C5) + 6 / 7 * (ABS(C5 - C6) + 6 / 7 * (ABS(C6 - C7) + 6 / 7 * (ABS(C7 - C8) + 6 / 7 * (ABS(C8 - C9) + 6 / 7 * (ABS(C9 - C10) + 6 / 7 * (ABS(C10 - C11) + 6 / 7 * (ABS(C11 - C12) + 6 / 7 * (ABS(C12 - C13) + 6 / 7 * (ABS(C13 - C14) + 6 / 7 * (ABS(C14 - C15) + 6 / 7 * (ABS(C15 - C16) + 6 / 7 * (ABS(C16 - C17) + 6 / 7 * (ABS(C17 - C18) + 6 / 7 * (ABS(C18 - C19) + 6 / 7 * (ABS(C19 - C20) + 6 / 7 * (ABS(C20 - C21) + 6 / 7 * (ABS(C21 - C22) + 6 / 7 * (ABS(C22 - C23) + 6 / 7 * (ABS(C23 - C24) + 6 / 7 * (ABS(C24 - C25) + 6 / 7 * (ABS(C25 - C26) + 6 / 7 * (ABS(C26 - C27) + 6 / 7 * (ABS(C27 - C28) + 6 / 7 * (ABS(C28 - C29) + 6 / 7 * (ABS(C29 - C30) + 6 / 7 * (ABS(C30 - C31) + 6 / 7 * (ABS(C31 - C32) + 6 / 7 * (ABS(C32 - C33) + 6 / 7 * (ABS(C33 - C34) + 6 / 7 * (ABS(C34 - C35) + 6 / 7 * (ABS(C35 - C36) + 6 / 7 * (ABS(C36 - C37) + 6 / 7 * (ABS(C37 - C38) + 6 / 7 * (ABS(C38 - C39) + 6 / 7 * (ABS(C39 - C40) + 6 / 7 * (ABS(C40 - C41) + 6 / 7 * (ABS(C41 - C42) + 6 / 7 * (ABS(C42 - C43) + 6 / 7 * (ABS(C43 - C44) + 6 / 7 * (ABS(C44 - C45) + 6 / 7 * (ABS(C45 - C46) + 6 / 7 * (ABS(C46 - C47) + 6 / 7 * (ABS(C47 - C48) + 6 / 7 * (ABS(C48 - C49) + 6 / 7 * (ABS(C49 - C50) + 6 / 7 * (ABS(C50 - C51) + 6 / 7 * (ABS(C51 - C52) + 6 / 7 * (ABS(C52 - C53) + 6 / 7 * (ABS(C53 - C54) + 6 / 7 * (ABS(C54 - C55) + 6 / 7 * (ABS(C55 - C56) + 6 / 7 * (ABS(C56 - C57) + 6 / 7 * (ABS(C57 - C58) + 6 / 7 * (ABS(C58 - C59) + 6 / 7 * (ABS(C59 - C60) + 6 / 7 * (ABS(C60 - C61)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 < 70
QUOTE (auchang929) Today's 7 period RSI > 70
50 * (C - XAVGC13.1) / 7 / (.1428709 * (ABS(C - C1) + 6 / 7 * (ABS(C1 - C2) + 6 / 7 * (ABS(C2 - C3) + 6 / 7 * (ABS(C3 - C4) + 6 / 7 * (ABS(C4 - C5) + 6 / 7 * (ABS(C5 - C6) + 6 / 7 * (ABS(C6 - C7) + 6 / 7 * (ABS(C7 - C8) + 6 / 7 * (ABS(C8 - C9) + 6 / 7 * (ABS(C9 - C10) + 6 / 7 * (ABS(C10 - C11) + 6 / 7 * (ABS(C11 - C12) + 6 / 7 * (ABS(C12 - C13) + 6 / 7 * (ABS(C13 - C14) + 6 / 7 * (ABS(C14 - C15) + 6 / 7 * (ABS(C15 - C16) + 6 / 7 * (ABS(C16 - C17) + 6 / 7 * (ABS(C17 - C18) + 6 / 7 * (ABS(C18 - C19) + 6 / 7 * (ABS(C19 - C20) + 6 / 7 * (ABS(C20 - C21) + 6 / 7 * (ABS(C21 - C22) + 6 / 7 * (ABS(C22 - C23) + 6 / 7 * (ABS(C23 - C24) + 6 / 7 * (ABS(C24 - C25) + 6 / 7 * (ABS(C25 - C26) + 6 / 7 * (ABS(C26 - C27) + 6 / 7 * (ABS(C27 - C28) + 6 / 7 * (ABS(C28 - C29) + 6 / 7 * (ABS(C29 - C30) + 6 / 7 * (ABS(C30 - C31) + 6 / 7 * (ABS(C31 - C32) + 6 / 7 * (ABS(C32 - C33) + 6 / 7 * (ABS(C33 - C34) + 6 / 7 * (ABS(C34 - C35) + 6 / 7 * (ABS(C35 - C36) + 6 / 7 * (ABS(C36 - C37) + 6 / 7 * (ABS(C37 - C38) + 6 / 7 * (ABS(C38 - C39) + 6 / 7 * (ABS(C39 - C40) + 6 / 7 * (ABS(C40 - C41) + 6 / 7 * (ABS(C41 - C42) + 6 / 7 * (ABS(C42 - C43) + 6 / 7 * (ABS(C43 - C44) + 6 / 7 * (ABS(C44 - C45) + 6 / 7 * (ABS(C45 - C46) + 6 / 7 * (ABS(C46 - C47) + 6 / 7 * (ABS(C47 - C48) + 6 / 7 * (ABS(C48 - C49) + 6 / 7 * (ABS(C49 - C50) + 6 / 7 * (ABS(C50 - C51) + 6 / 7 * (ABS(C51 - C52) + 6 / 7 * (ABS(C52 - C53) + 6 / 7 * (ABS(C53 - C54) + 6 / 7 * (ABS(C54 - C55) + 6 / 7 * (ABS(C55 - C56) + 6 / 7 * (ABS(C56 - C57) + 6 / 7 * (ABS(C57 - C58) + 6 / 7 * (ABS(C58 - C59) + 6 / 7 * (ABS(C59 - C60)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) + 50 > 70
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 12/5/2005 Posts: 63
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Thank you for all your help.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Guest-1 |