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Registered User
Joined: 5/12/2005
Posts: 19
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I need assistance in writing the PCF to accomplish a scan to find stocks where the 10day moving average of the RSI is crossing up through the 40day moving average RSI. I have the RSI on the price and have it as invisible on the chart. I have the two moving averages visible onthe chart.
Thanks for your help with this!
JRFitz
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Registered User
Joined: 5/12/2005
Posts: 19
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The PCF should find stocks with the two MAs crossed up within "X" number of days ago.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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WHat settings are you using for your Wilder's RSI?
...or are you talking about Relative Strength as in RSMA from Don Worden's report?
- Craig
Here to Help!
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Registered User
Joined: 5/12/2005
Posts: 19
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I'm referring to the topic called "Introducing The RSMA Exit Strategy" that was a topic a few days ago in the Don Worden's Daily Report.
I'd like to have a pcf that I can cpature stocks where the two MAs are just crossing (10 up through the 40) or has crossed within the past two days.
Thanks,
JR
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Gotcha. RSI (as in Wilder's) and the RS in RSMA are two different indicators...
PCFs and EasyScan cannot be used for this because the underlying RS line refers to a specific symbol which PCFs cannot do.
Here is a video on setting up the RSMA on your computer:
Setting up RSMA Exit Strategy indicators
Once you set up the chart you can scan for crossovers between the moving averages on the relative strength indicator using Visual Difference Sorting. Here is a video on how to use it with MAs of price (it works the same way with MAs of anything)...
Comparing indicators using Visual Difference sorts
- Craig
Here to Help!
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Registered User
Joined: 5/12/2005
Posts: 19
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Thanks Craig
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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My pleasure...
Let me know if it fits the bill.
- Craig
Here to Help!
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