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Registered User
Joined: 12/2/2004
Posts: 10
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I'm trying to find stocks where RSI 14.1 is crossing above 50 today. Here's the PCF I've tried:
RSI14.1.1 <= 50 AND RSI14.1 > 50
Seems straight forward and the syntax checked out. Unfortunately the stocks that turn up as "True" have RSI values that have been above 50 for some time.
Any suggestions?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Your formula should and does work for an RSI with the following settings on a Daily Chart:
- RSI Period: 14
- Use Wilders Smoothing: Unchecked
- Avg Period: 1
- Average Type: Doesn't matter (because the Avg Period is 1)
Any changes to these settings would require using a different formula. What are the charted Wilder's RSI Settings against which you are comparing the results of the formula?
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/2/2004
Posts: 10
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Thank you Bruce. The Wilder's Smoothing box was checked. Unchecking that box did the trick. Where would you suggest I look to understand the error of my ways?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
The PCF Formula Descriptions topic contains a fairly comprehensive description of the syntax that is valid in TeleChart's Personal Criteria Formula Language (including mentioning that the built in RSI syntax is not Wilder's Smoothed).
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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