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How to Creating PCF for RSI hitting new high Rate this Topic:
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si_2000
Posted : Sunday, January 20, 2013 6:10:23 PM
Registered User
Joined: 3/20/2011
Posts: 18

Hi

 

Please to creating PCF for RSI hitting new high.

Bruce_L
Posted : Monday, January 21, 2013 9:29:12 AM


Worden Trainer

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

What are the settings of the RSI? Over what period do you wish to check for a new high? Is the RSI the plain RSI indicator or the RSI - Wilder's indicator?

Note that it is possible to create a Condition for this without knowing this information or writing a formula. Just click on the RSI indicator and select Create Scan Condition. Then choose New High from the Condition drop-down and adjust the settings as desired.

Note that while it is probably possible to create a Condition Formula for a new high in the plain RSI indicator, it is probably not possible to create a Condition Formula short and quick enough to be practical or post in the forums.



-Bruce
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si_2000
Posted : Monday, January 21, 2013 11:19:22 AM
Registered User
Joined: 3/20/2011
Posts: 18

The new high for 52week period.

 

Bruce_L
Posted : Monday, January 21, 2013 11:29:02 AM


Worden Trainer

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

What are the settings of your RSI?

Is the RSI the plain RSI indicator or the RSI - Wilder's indicator?



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
si_2000
Posted : Monday, January 21, 2013 12:36:18 PM
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Joined: 3/20/2011
Posts: 18

The plain RSI indicator

 

Bruce_L
Posted : Monday, January 21, 2013 12:40:36 PM


Worden Trainer

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

I'll assume the period is 14. Please try the following:

RSI14 > MAX(RSI14.1.1,251)

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
si_2000
Posted : Monday, January 21, 2013 5:53:07 PM
Registered User
Joined: 3/20/2011
Posts: 18

Thanks

Bruce_L
Posted : Tuesday, January 22, 2013 8:39:50 AM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
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