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Chuck47
 Posted : Saturday, November 24, 2012 8:57:03 PM
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Joined: 6/10/2006
Posts: 8

## 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.

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

Putt4Dough
 Posted : Sunday, November 25, 2012 7:52:40 AM

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Joined: 7/30/2007
Posts: 1,072

It's early on a Sunday morning and I haven't had my coffee yet, but two thoughts ...

• I just downloaded the PDF so I haven't looked at the ConnorsRSI calculations yet, but if possible a PCF would be great.
• I know Worden has had Larry Connors do a Tuesday evening webinar or two in the past - perhaps Larry can do one on ConnorsRSI.

Time for coffee! :)

Bruce_L
 Posted : Monday, November 26, 2012 12:46:12 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

An Indicator Formula for RSI(Close,3) isn't necessarily simple, but we've posted about how to do this previously:

50 * (C - XAVGC5.1) / 3 / (.333363037576155 * (ABS(C - C1) + 2 / 3 * (ABS(C1 - C2) + 2 / 3 * (ABS(C2 - C3) + 2 / 3 * (ABS(C3 - C4) + 2 / 3 * (ABS(C4 - C5) + 2 / 3 * (ABS(C5 - C6) + 2 / 3 * (ABS(C6 - C7) + 2 / 3 * (ABS(C7 - C8) + 2 / 3 * (ABS(C8 - C9) + 2 / 3 * (ABS(C9 - C10) + 2 / 3 * (ABS(C10 - C11) + 2 / 3 * (ABS(C11 - C12) + 2 / 3 * (ABS(C12 - C13) + 2 / 3 * (ABS(C13 - C14) + 2 / 3 * (ABS(C14 - C15) + 2 / 3 * (ABS(C15 - C16) + 2 / 3 * (ABS(C16 - C17) + 2 / 3 * (ABS(C17 - C18) + 2 / 3 * (ABS(C18 - C19) + 2 / 3 * (ABS(C19 - C20) + 2 / 3 * (ABS(C20 - C21) + 2 / 3 * (ABS(C21 - C22) + 2 / 3 * (ABS(C22 - C23))))))))))))))))))))))))) + 50

An Indicator for the PercentRank(% Change, 100) is fairly long, but not particularly complicated:

50 * (SGN(C / C1 - C1 / C2) + SGN(C / C1 - C2 / C3) + SGN(C / C1 - C3 / C4) + SGN(C / C1 - C4 / C5) + SGN(C / C1 - C5 / C6) + SGN(C / C1 - C6 / C7) + SGN(C / C1 - C7 / C8) + SGN(C / C1 - C8 / C9) + SGN(C / C1 - C9 / C10) + SGN(C / C1 - C10 / C11) + SGN(C / C1 - C11 / C12) + SGN(C / C1 - C12 / C13) + SGN(C / C1 - C13 / C14) + SGN(C / C1 - C14 / C15) + SGN(C / C1 - C15 / C16) + SGN(C / C1 - C16 / C17) + SGN(C / C1 - C17 / C18) + SGN(C / C1 - C18 / C19) + SGN(C / C1 - C19 / C20) + SGN(C / C1 - C20 / C21) + SGN(C / C1 - C21 / C22) + SGN(C / C1 - C22 / C23) + SGN(C / C1 - C23 / C24) + SGN(C / C1 - C24 / C25) + SGN(C / C1 - C25 / C26) + SGN(C / C1 - C26 / C27) + SGN(C / C1 - C27 / C28) + SGN(C / C1 - C28 / C29) + SGN(C / C1 - C29 / C30) + SGN(C / C1 - C30 / C31) + SGN(C / C1 - C31 / C32) + SGN(C / C1 - C32 / C33) + SGN(C / C1 - C33 / C34) + SGN(C / C1 - C34 / C35) + SGN(C / C1 - C35 / C36) + SGN(C / C1 - C36 / C37) + SGN(C / C1 - C37 / C38) + SGN(C / C1 - C38 / C39) + SGN(C / C1 - C39 / C40) + SGN(C / C1 - C40 / C41) + SGN(C / C1 - C41 / C42) + SGN(C / C1 - C42 / C43) + SGN(C / C1 - C43 / C44) + SGN(C / C1 - C44 / C45) + SGN(C / C1 - C45 / C46) + SGN(C / C1 - C46 / C47) + SGN(C / C1 - C47 / C48) + SGN(C / C1 - C48 / C49) + SGN(C / C1 - C49 / C50) + SGN(C / C1 - C50 / C51) + SGN(C / C1 - C51 / C52) + SGN(C / C1 - C52 / C53) + SGN(C / C1 - C53 / C54) + SGN(C / C1 - C54 / C55) + SGN(C / C1 - C55 / C56) + SGN(C / C1 - C56 / C57) + SGN(C / C1 - C57 / C58) + SGN(C / C1 - C58 / C59) + SGN(C / C1 - C59 / C60) + SGN(C / C1 - C60 / C61) + SGN(C / C1 - C61 / C62) + SGN(C / C1 - C62 / C63) + SGN(C / C1 - C63 / C64) + SGN(C / C1 - C64 / C65) + SGN(C / C1 - C65 / C66) + SGN(C / C1 - C66 / C67) + SGN(C / C1 - C67 / C68) + SGN(C / C1 - C68 / C69) + SGN(C / C1 - C69 / C70) + SGN(C / C1 - C70 / C71) + SGN(C / C1 - C71 / C72) + SGN(C / C1 - C72 / C73) + SGN(C / C1 - C73 / C74) + SGN(C / C1 - C74 / C75) + SGN(C / C1 - C75 / C76) + SGN(C / C1 - C76 / C77) + SGN(C / C1 - C77 / C78) + SGN(C / C1 - C78 / C79) + SGN(C / C1 - C79 / C80) + SGN(C / C1 - C80 / C81) + SGN(C / C1 - C81 / C82) + SGN(C / C1 - C82 / C83) + SGN(C / C1 - C83 / C84) + SGN(C / C1 - C84 / C85) + SGN(C / C1 - C85 / C86) + SGN(C / C1 - C86 / C87) + SGN(C / C1 - C87 / C88) + SGN(C / C1 - C88 / C89) + SGN(C / C1 - C89 / C90) + SGN(C / C1 - C90 / C91) + SGN(C / C1 - C91 / C92) + SGN(C / C1 - C92 / C93) + SGN(C / C1 - C93 / C94) + SGN(C / C1 - C94 / C95) + SGN(C / C1 - C95 / C96) + SGN(C / C1 - C96 / C97) + SGN(C / C1 - C97 / C98) + SGN(C / C1 - C98 / C99) + SGN(C / C1 - C99 / C100) + SGN(C / C1 - C100 / C101)) / 100 + 50

RSI(Streak,2) is a problem however. We can create an Indicator Formula for Streak as long as we have a lookback which would bound the high absolute value of Streak available. If we used 10 for the lookback (so Streak can only range from -10 to 10), we would get a streak formula of:

ABS(C > C1) * (ABS(C1 <= C2) + ABS(C1 > C2) * (ABS(C2 <= C3) * 2 + ABS(C2 > C3) * (ABS(C3 <= C4) * 3 + ABS(C3 > C4) * (ABS(C4 <= C5) * 4 + ABS(C4 > C5) * (ABS(C5 <= C6) * 5 + ABS(C5 > C6) * (ABS(C6 <= C7) * 6 + ABS(C6 > C7) * (ABS(C7 <= C8) * 7 + ABS(C7 > C8) * (ABS(C8 <= C9) * 8 + ABS(C8 > C9) * (ABS(C9 <= C10) * 9 + ABS(C9 > C10) * 10))))))))) - (ABS(C < C1) * (ABS(C1 >= C2) + ABS(C1 < C2) * (ABS(C2 >= C3) * 2 + ABS(C2 < C3) * (ABS(C3 >= C4) * 3 + ABS(C3 < C4) * (ABS(C4 >= C5) * 4 + ABS(C4 < C5) * (ABS(C5 >= C6) * 5 + ABS(C5 < C6) * (ABS(C6 >= C7) * 6 + ABS(C6 < C7) * (ABS(C7 >= C8) * 7 + ABS(C7 < C8) * (ABS(C8 >= C9) * 8 + ABS(C8 < C9) * (ABS(C9 >= C10) * 9 + ABS(C9 < C10) * 10))))))))))

The problem is that this is too long to substitute for C into a 2-Period Wilder's RSI formula and get a formula which is short and fast enough to be practical or post in the forums. So we can only reasonably create two of the three components necessary to create the Connors RSI in TC2000 (it is possible to do this relatively easily in StockFinder however).

-Bruce
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Chuck47
 Posted : Monday, November 26, 2012 1:02:32 PM
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Joined: 6/10/2006
Posts: 8

Bruce, thank you for your efforts!  Is it possible in the future that the ConnorsRSI could be programmed into TC2000 as a standard indicator?

Bruce_L
 Posted : Monday, November 26, 2012 1:19:09 PM

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Joined: 10/7/2004
Posts: 65,138

I could not say if it will possible to add ConnorsRSI to TC2000 as a standard indicator. It would certainly seem to be possible from a technical standpoint, but it is a proprietary indicator.

Thank you for your suggestion. It has been assigned case number 9373.

-Bruce
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maljester
 Posted : Tuesday, November 27, 2012 1:56:43 PM
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Joined: 1/30/2005
Posts: 135

I made a ConnorsRSI in StockFinder as follows

1. Create UpDown indicator as follows

Static UpCount As Integer
Static DownCount As Integer
If Me.isFirstBar Then
UpCount = 0
DownCount = 0
End If
If price.close > price.Close(1) Then
UpCount = UpCount + 1
DownCount = 0
ElseIf price.close < price.Close(1) Then
DownCount = DownCount + 1
UpCount = 0
Else
UpCount = 0
DownCount = 0
End If
If UpCount > 0 Then
plot = UpCount
ElseIf DownCount > 0 Then
plot = DownCount * -1
End If
Then create child Wilder's RSI 2,1 on the UpDown indicator

2.  Create Price Percent Change indicator, then cretae a child indicator of Worden Stochastic 100,1
3.  Create a Wilder's RSI 3,1 indicator
4. Create the ConnorsRSI RealCode indicator as follows by dragging the charts to RealCode to get variables

'# RSI2 = chart.WildersRSI.4
'# PctRank = chart.WordenStochastic.4
'# RSI3 = chart.WildersRSI
plot = (RSI2.value + PctRank.value + RSI3.value) / 3

My PC has 8 gigs of ram, i7 processor,  and ssd drive and filters still take a while to run

 Posted : Tuesday, December 18, 2012 11:10:38 AM
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Joined: 8/21/2007
Posts: 181

Is it possible that this can be made without dragging and keeping all the indicators?

Bruce_L
 Posted : Tuesday, December 18, 2012 1:03:30 PM

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Joined: 10/7/2004
Posts: 65,138

Please try the following RealCode Indicator. It will differ slightly from maljester's version, but the differences should not be too significant.

``````'|******************************************************************
'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com
'|*** Copy and paste this header and code into StockFinder *********
'|*** Indicator:ConnorsRSI
'|******************************************************************
'# Cumulative
Static sumWeight(1) As Single
Static termRatio(1) As Single
Static weight As Single
Static num(1) As Single
Static den(1) As Single
Static ratio As New List(Of Single)
Static streak As Integer
If isFirstBar Then
For i As Integer = 0 To 1
sumWeight(i) = 1
num(i) = 0
den(i) = 0
Next
termRatio(0) = 2 / 3
termRatio(1) = 1 / 2
ratio.Clear
streak = 0
Plot = 50
Else
Dim output As Single = 0
Dim net As Single = Price.Last - Price.Last(1)
weight = 1 / sumWeight(0)
num(0) = num(0) * (1 - weight) + weight * System.Math.Max(0, net)
den(0) = den(0) * (1 - weight) + weight * System.Math.Abs(net)
sumWeight(0) = sumWeight(0) * termRatio(0) + 1
weight = 1 / sumWeight(1)
net = System.Math.Sign(net)
If System.Math.Sign(streak) = net Then
num(1) = num(1) * (1 - weight) + weight * System.Math.Max(0, net)
den(1) = den(1) * (1 - weight) + weight * System.Math.Abs(net)
streak += net
Else
num(1) = num(1) * (1 - weight) + weight * System.Math.Max(0, net - streak)
den(1) = den(1) * (1 - weight) + weight * System.Math.Abs(net - streak)
streak = net
End If
sumWeight(1) = sumWeight(1) * termRatio(1) + 1
For i As Integer = 0 To 1
If den(i) > 0 Then
output += num(i) / den(i)
Else
output += .5
End If
Next
Dim rank As Integer
ratio.Insert(0, Price.Last / Price.Last(1))
If ratio.Count > 1 Then
For i As Integer = 1 To ratio.Count - 1
rank += System.Math.Sign(ratio(0) - ratio(i))
Next
If ratio.Count = 101 Then
ratio.RemoveAt(ratio.Count - 1)
End If
output += rank / ratio.Count / 2 + .5
Else
output += .5
End If
Plot = 100 * output / 3
End If
If isLastBar Then
ratio.Clear
End If``````

-Bruce
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maljester
 Posted : Tuesday, December 18, 2012 9:04:19 PM
Platinum Customer

Joined: 1/30/2005
Posts: 135

Chart values are close to my version but filters run more than twice as fast with Bruce's version.  Great job Bruce.  Thanks so much for the RealCode.

diceman
 Posted : Wednesday, December 19, 2012 10:22:52 AM
Registered User
Joined: 1/28/2005
Posts: 6,049

Bruce

Does your second PCF percent rank

match the StockFinder calculaton?

I was looking at symbol PKI

on Dec 7 2012.

The max per up is 9.79

The min per down is neg 3.44

The Dec 7 close is neg .36

That would give a 100 day Stoc of about 23.3

Your PCF shows 35.35 on Dec 7 for PKI.

Thanks

Bruce_L
 Posted : Wednesday, December 19, 2012 10:26:57 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It is a percentile rank (or a Wilder's Stochastic), not a normal Stochastic. It doesn't matter really where it falls in the range of the highest percent change to the lowest percent change. It matters how many percentage changes were lower, higher or the same.

-Bruce
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diceman
 Posted : Wednesday, December 19, 2012 10:44:01 AM
Registered User
Joined: 1/28/2005
Posts: 6,049

If the 35.35 is correct what value do you get for the streak RSI and

the final Connors RSI for PKI on Dec 7?

Thanks

Bruce_L
 Posted : Wednesday, December 19, 2012 11:45:43 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

I get a 3-Period Wilder's RSI of Price of 15.56, a 2-Period Wilder's RSI of Streak of 3.26 and 100-Period Percentile Rank of 1-Period Price Percent Change of 35.35 for PKI on December 7, 2012.

Note that there are changes in the RealCode given in myTuesday, December 18, 2012 1:03:30 PM ET post since it was first posted. You may want to re-copy and paste the current version into StockFinder if you are having issues (the streak variable was not getting changed at each bar in the original version).

-Bruce
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diceman
 Posted : Wednesday, December 19, 2012 2:31:55 PM
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Joined: 1/28/2005
Posts: 6,049

I saw a Connors video where they give

PKI 18.27

LOW 21.46

VFC 21.98

ABB 82.15

as the Connors RSI values for Dec 7 2012

and was trying to zero in on the numbers.

Technically the PKI close has 35 closes worse than it.

Im guessing the denominator changes to 99

because one of the 100 days was unchanged?

35 divided by 99 would give you 35.35

or is it because of something else?

Can you explain whats happening in your PCF

I dont use SGN that often.

Thanks

Bruce_L
 Posted : Wednesday, December 19, 2012 3:09:07 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The Percent Change is higher than 35, the same as 1 (itself) and less than 64. I got my value for Percentile Rank by replacing:

``Plot = 100 * output / 3``

With:

``Plot = 100 * (rank / ratio.Count / 2 + .5)``

This was a mistake as ratio.Count would have been 100 when it was added to output, but had been reduced to 99 by the time of the Plot statement. The actual value at the time of the calculation would have been:

35.5

The .5 is a result of the tie with itself (an item that is part of the set is included in the percentile rank of that set).

SGN(C / C1 - C1 / C2)

Will return 1 if C / C1 > C1 / C2, 0 if C/ C1 = C1 / C2 and -1 if C / C1 < C1 / C2. We are doing this for 100 items (actually, the PCF only does so for 99 because it doesn't actually make the comparison with itself). The value will range from -99 to 99 (but could range from -100 to 100 if C / C1 could somehow <> C / C1).

Since we have a range of 200 points when we only want a range of 100 points, we divide the result by two to get a range of -50 to 50 instead of -100 to 100. Since we want the result to from 0 to 100 instead of -50 to 50, we add 50.

-Bruce
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diceman
 Posted : Thursday, December 20, 2012 10:53:32 AM
Registered User
Joined: 1/28/2005
Posts: 6,049

Well Bruce

you lost me with the tie with itself part and the could somehow part.

Sounds like you are always using 99?

I read the Connors PDF again and realized I made a mistake.

I had used the Dec 7 per change as part of the 100 days.

It says compared to the pervious 100.

Bringing the July 16 closing percent into the picture

makes my count 36.

36 closing percents of the previous 100 were lower than the Dec 7 percent.

Which for PKI gives me

RSIStreak 3.26

RSIPercent 36

RSI3 15.56

That comes out to 18.27 which matches Connors number exactly.

While 35.35 isnt much error as its one third of the final I feel better hitting the Connors number exactly.

I didnt expect this to have enough rounding error to miss by much.

I apologize if this was difficult to read as I get all types of gibberish when I use certain symbols.

Im trying to type as raw as possible.

Thanks

Bruce_L
 Posted : Thursday, December 20, 2012 11:16:49 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Well since the goal in to replicate ConnorsRSI and not necessarily to calculate Percentile Ranks correctly, I can certianly make those changes (which should be reflected in the PCFs and RealCode given above).

-Bruce
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diceman
 Posted : Thursday, December 20, 2012 2:05:12 PM
Registered User
Joined: 1/28/2005
Posts: 6,049

Bruce

this has nothing to do with Connors RSI

but can I have 3 more versions of your first RSI3 PCF

for 3 days back in time?

Based on C1 C2 and C3.

Thanks

Bruce_L
 Posted : Thursday, December 20, 2012 2:19:58 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

3-Period Wilder's Smoothed RSI from 1-bar ago:

50 * (C1 - XAVGC5.2) / 3 / (.333363037576155 * (ABS(C1 - C2) + 2 / 3 * (ABS(C2 - C3) + 2 / 3 * (ABS(C3 - C4) + 2 / 3 * (ABS(C4 - C5) + 2 / 3 * (ABS(C5 - C6) + 2 / 3 * (ABS(C6 - C7) + 2 / 3 * (ABS(C7 - C8) + 2 / 3 * (ABS(C8 - C9) + 2 / 3 * (ABS(C9 - C10) + 2 / 3 * (ABS(C10 - C11) + 2 / 3 * (ABS(C11 - C12) + 2 / 3 * (ABS(C12 - C13) + 2 / 3 * (ABS(C13 - C14) + 2 / 3 * (ABS(C14 - C15) + 2 / 3 * (ABS(C15 - C16) + 2 / 3 * (ABS(C16 - C17) + 2 / 3 * (ABS(C17 - C18) + 2 / 3 * (ABS(C18 - C19) + 2 / 3 * (ABS(C19 - C20) + 2 / 3 * (ABS(C20 - C21) + 2 / 3 * (ABS(C21 - C22) + 2 / 3 * (ABS(C22 - C23) + 2 / 3 * (ABS(C23 - C24))))))))))))))))))))))))) + 50

3-Period Wilder's Smoothed RSI from 2-bars ago:

50 * (C2 - XAVGC5.3) / 3 / (.333363037576155 * (ABS(C2 - C3) + 2 / 3 * (ABS(C3 - C4) + 2 / 3 * (ABS(C4 - C5) + 2 / 3 * (ABS(C5 - C6) + 2 / 3 * (ABS(C6 - C7) + 2 / 3 * (ABS(C7 - C8) + 2 / 3 * (ABS(C8 - C9) + 2 / 3 * (ABS(C9 - C10) + 2 / 3 * (ABS(C10 - C11) + 2 / 3 * (ABS(C11 - C12) + 2 / 3 * (ABS(C12 - C13) + 2 / 3 * (ABS(C13 - C14) + 2 / 3 * (ABS(C14 - C15) + 2 / 3 * (ABS(C15 - C16) + 2 / 3 * (ABS(C16 - C17) + 2 / 3 * (ABS(C17 - C18) + 2 / 3 * (ABS(C18 - C19) + 2 / 3 * (ABS(C19 - C20) + 2 / 3 * (ABS(C20 - C21) + 2 / 3 * (ABS(C21 - C22) + 2 / 3 * (ABS(C22 - C23) + 2 / 3 * (ABS(C23 - C24) + 2 / 3 * (ABS(C24 - C25))))))))))))))))))))))))) + 50

3-Period Wilder's Smoothed RSI from 3-bars ago:

50 * (C3 - XAVGC5.4) / 3 / (.333363037576155 * (ABS(C3 - C4) + 2 / 3 * (ABS(C4 - C5) + 2 / 3 * (ABS(C5 - C6) + 2 / 3 * (ABS(C6 - C7) + 2 / 3 * (ABS(C7 - C8) + 2 / 3 * (ABS(C8 - C9) + 2 / 3 * (ABS(C9 - C10) + 2 / 3 * (ABS(C10 - C11) + 2 / 3 * (ABS(C11 - C12) + 2 / 3 * (ABS(C12 - C13) + 2 / 3 * (ABS(C13 - C14) + 2 / 3 * (ABS(C14 - C15) + 2 / 3 * (ABS(C15 - C16) + 2 / 3 * (ABS(C16 - C17) + 2 / 3 * (ABS(C17 - C18) + 2 / 3 * (ABS(C18 - C19) + 2 / 3 * (ABS(C19 - C20) + 2 / 3 * (ABS(C20 - C21) + 2 / 3 * (ABS(C21 - C22) + 2 / 3 * (ABS(C22 - C23) + 2 / 3 * (ABS(C23 - C24) + 2 / 3 * (ABS(C24 - C25) + 2 / 3 * (ABS(C25 - C26))))))))))))))))))))))))) + 50

-Bruce
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 Posted : Wednesday, January 9, 2013 4:34:31 PM
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Joined: 6/11/2012
Posts: 2

Hi Everyone,

I'm not familiar with RealCode or Stock Finder, but if I can assist your efforts by supplying some ConnorsRSI values (or the values of the three components), please let me know.  Also note that you can always get current ConnorsRSI values by entering a ticker symbol on the free Analytics page on the Trading Markets web site: http://analytics.tradingmarkets.com/.

Regards,

Senior Researcher, Connors Research

Putt4Dough
 Posted : Sunday, January 13, 2013 5:42:55 PM

Registered User
Joined: 7/30/2007
Posts: 1,072

Looks like folks have made progress in "StockFinder-izing" ConnorsRSI.

I've pretty much made the transition to TC2000 v12.3, though ... and it would sure be nice if ConnorsRSI would be available in the TC2000 Standard Indicator Library.

Recently ConnorsRSI has become available for AmiBroker, TradeStation, and Thinkorswim.

Surely the winner of S&C Reader's Choice for 20 years running can figure out a way to add it to their toolbox.

I've contacted LarryConnors in the past and he's not only okay with Worden adding ConnorsRSI to the TC2000 library, he even offered to do a webinar (Larry has done Worden webinars in the past).

Maybe Matt Radtke (above) can help with the calculation. Now that v12.3 is live, I'm sure the programmers are just sitting around with nothing to do :)

Bruce_L
 Posted : Monday, January 14, 2013 8:42:56 AM

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Joined: 10/7/2004
Posts: 65,138

We are planning on adding ConnorsRSI to TC2000 version 12.3, I just could not say when it will happen.

-Bruce
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Putt4Dough
 Posted : Monday, January 14, 2013 8:57:47 AM

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Joined: 7/30/2007
Posts: 1,072

Sweet!!

I'm doing okay without ConnorsRSI, but I'm always looking for ways to improve my P&L.

Tell you what Bruce ... I already circled April 26th & 27th on my calendar (when Julia, Gary, and Tal are coming to Chicago) ... put in a good word with the programmers and I'll not only buy Julia, Gary, and Tal a drink, I'll give them a little something to bring back for you ... just name it: Wine? Scotch? Maybe some cigars??

;)

mhk248
 Posted : Friday, February 22, 2013 3:33:24 PM
Registered User
Joined: 12/30/2004
Posts: 2

Any update as to when Connors RSI will be added to TC2000 12.3?

Bruce_L
 Posted : Friday, February 22, 2013 3:37:04 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

I know we are planning on adding it, but I do not have a timetable on when exactly it will happen.

-Bruce
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DVDSTAHL
 Posted : Friday, March 22, 2013 9:43:21 AM
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Joined: 3/28/2005
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Bruce_L
 Posted : Friday, March 22, 2013 11:33:42 AM

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Joined: 10/7/2004
Posts: 65,138

I was told there were plans to add ConnersRSI, but I do not know when it will happen. The programmers have been busy with other stuff.

-Bruce
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Putt4Dough
 Posted : Friday, March 22, 2013 11:56:41 AM

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Joined: 7/30/2007
Posts: 1,072

QUOTE (Bruce_L)
The programmers have been busy with other stuff.

Just a suggestion...

Order some pizza for the programmers, lock them in a room, and don't let them out until the "opening 15 minutes of the trading day" bug is fixed.

I might even be willing to pop for some Chicago pizza. Everyone knows we have the best! Or I can treat Julia to some pizza when she's in town April 26th & 27th, and we can ship some back to Worden for the programmers :)

nittanyfan
 Posted : Wednesday, April 10, 2013 12:30:48 PM
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Joined: 5/24/2006
Posts: 3

Hi Bruce,

I would appreciate it if you would supply the complete RSI(streak,2) formula representing the third component of the ConnorsRSI formula.

Bruce_L
 Posted : Wednesday, April 10, 2013 12:33:32 PM

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Joined: 10/7/2004
Posts: 65,138

I already indicated in my Monday, November 26, 2012 12:46:12 PM ET post that this is not possible.

-Bruce
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nittanyfan
 Posted : Wednesday, April 10, 2013 1:53:30 PM
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Joined: 5/24/2006
Posts: 3

I understood from your post that the formula would be too long or practical to supply.  I would accept an email.  :-)

Bruce_L
 Posted : Wednesday, April 10, 2013 1:59:29 PM

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Joined: 10/7/2004
Posts: 65,138

I will not be sending the formula by email either. The formula is about 42000 characters long and will not even fit into the standard Windows clipboard (which is limited ot 32768 characters). While it could probably be shortened somewhat, I cannot think of a way to optimize it enough.

-Bruce
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nittanyfan
 Posted : Wednesday, April 10, 2013 2:13:03 PM
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Joined: 5/24/2006
Posts: 3

Wow!

I didn't realize that it would be that large.  Thanks for sharing your thoughts Bruce.  I'll wait for the coders to include it in TC2000.

kd
 Posted : Wednesday, April 17, 2013 4:29:35 PM
Registered User
Joined: 4/20/2009
Posts: 188

Bruce:

on the 18th of dec. at 1:03 you posted the real code for connorsRSI use in Stockfinder.

on the 20th of dec at 2:19 you posted some further/additional real code for connorsRSI

Can you please elaborate on the realtionship between these two postings?  Do they go together?

thanks.  kd

Bruce_L
 Posted : Wednesday, April 17, 2013 4:37:36 PM

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Joined: 10/7/2004
Posts: 65,138

The RealCode in my Wednesday, December 19, 2012 3:09:07 PM ET was not intended to be used. It just explained how the percentile values from my Wednesday, December 19, 2012 11:45:43 AM ET post were extracted from the RealCode Indicator contained in my Tuesday, December 18, 2012 1:03:30 PM ET post.

-Bruce
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patonet
 Posted : Wednesday, May 22, 2013 8:35:23 AM
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Joined: 12/12/2007
Posts: 10

Dear Bruce.

Since November 2012, many users are claiming Worden to includes "Connors RSI" as an standard indicator on TC2000.  Please try to do this.

Thanks

Pat

Bruce_L
 Posted : Wednesday, May 22, 2013 8:49:29 AM

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Joined: 10/7/2004
Posts: 65,138

-Bruce
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Gone South
 Posted : Sunday, June 2, 2013 8:28:37 AM
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Joined: 1/28/2012
Posts: 62

Here's another vote for Worden to add ConnorsRSI.

I've been using various Connors' strategies for 5 years. Some of their strategies are a bit stale, but ConnorsRSI is hot now. And TC2000 users are late to the party.

As Putt4Dough pointed out almost 5 months ago, if we were using AmiBroker, TradeStation, thinkorswim (and others by now, now doubt), we wouldn't be standing around on the sidelines, watching other people improve their strategies and make money with ConnorsRSI.

We can stop harrassing Bruce about this. He gets it. I wonder if Worden management gets it, too.

Hope ConnorsRSI shows up in 12.4.

Putt4Dough
 Posted : Sunday, June 2, 2013 8:39:20 AM

Registered User
Joined: 7/30/2007
Posts: 1,072

Has it only been 5 months? Seems like forever :)

Fortunately my trading plan doesn't rely on ConnorsRSI, or the first few bars at the open.

If it's a matter of manpower, and Worden needs additional Software Ninjas, I might be available ... would love to golf w/ Tal in North Carolina :)

maljester
 Posted : Sunday, June 2, 2013 4:40:06 PM
Platinum Customer

Joined: 1/30/2005
Posts: 135

I have been using ConnorsRSI in SF5 for months.  Works great.

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