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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » Software issue: Rsi(2) <5

Software issue: Rsi(2) <5 Rate this Topic:
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dgmkgf
Posted : Monday, February 11, 2013 2:00:18 PM
Registered User
Joined: 9/16/2012
Posts: 8

Dear Bruce,

We want to use Connors methods in relation to Rsi and so the accuracy of the results is of great importance to us.

We scanned the sp-500  stocks with the criterion of Rsi(2) below 5 today using TC2000 and it resulted in 62 items. We did exactly the same scan using the stockfetcher and stockcharts scanners and it resulted in 8 items in both of them. Is there any problem with the software or do we do something wrong?

Regards

dgmkgf
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Bruce_L
Posted : Monday, February 11, 2013 2:07:51 PM


Worden Trainer

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

Were you using the plain RSI indicator without RSI or the RSI - Wilder's indicator with Wilder's Smoothing? You will most likely want to use the RSI - Wilder's indicator.


-Bruce
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