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Worden Discussion Forum » General Discussions » Stock and Market Talk » PCF for Wilder's RSI(4,1)

PCF for Wilder's RSI(4,1) Rate this Topic:
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maljester
Posted : Monday, March 17, 2014 8:08:16 AM
Platinum Customer Platinum Customer

Joined: 1/30/2005
Posts: 135

PCF code for Wilder's RSI(4,1) please.
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Bruce_L
Posted : Monday, March 17, 2014 1:29:26 PM


Worden Trainer

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

Please try the following:

50 * (C - XAVGC7.1) / 4 / (.2500188 * (ABS(C - C1) + 3 / 4 * (ABS(C1 - C2) + 3 / 4 * (ABS(C2 - C3) + 3 / 4 * (ABS(C3 - C4) + 3 / 4 * (ABS(C4 - C5) + 3 / 4 * (ABS(C5 - C6) + 3 / 4 * (ABS(C6 - C7) + 3 / 4 * (ABS(C7 - C8) + 3 / 4 * (ABS(C8 - C9) + 3 / 4 * (ABS(C9 - C10) + 3 / 4 * (ABS(C10 - C11) + 3 / 4 * (ABS(C11 - C12) + 3 / 4 * (ABS(C12 - C13) + 3 / 4 * (ABS(C13 - C14) + 3 / 4 * (ABS(C14 - C15) + 3 / 4 * (ABS(C15 - C16) + 3 / 4 * (ABS(C16 - C17) + 3 / 4 * (ABS(C17 - C18) + 3 / 4 * (ABS(C18 - C19) + 3 / 4 * (ABS(C19 - C20) + 3 / 4 * (ABS(C20 - C21) + 3 / 4 * (ABS(C21 - C22) + 3 / 4 * (ABS(C22 - C23) + 3 / 4 * (ABS(C23 - C24) + 3 / 4 * (ABS(C24 - C25) + 3 / 4 * (ABS(C25 - C26) + 3 / 4 * (ABS(C26 - C27) + 3 / 4 * (ABS(C27 - C28) + 3 / 4 * (ABS(C28 - C29) + 3 / 4 * (ABS(C29 - C30) + 3 / 4 * (ABS(C30 - C31) + 3 / 4 * (ABS(C31 - C32) + 3 / 4 * (ABS(C32 - C33))))))))))))))))))))))))))))))))))) + 50


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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maljester
Posted : Monday, March 17, 2014 3:03:53 PM
Platinum Customer Platinum Customer

Joined: 1/30/2005
Posts: 135

Works great.  Thanks.
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ricastein
Posted : Friday, March 21, 2014 12:55:27 PM
Gold Customer Gold Customer

Joined: 5/15/2007
Posts: 14

Hello Bruce.  Would you please help me create a scan?  I want cci crossing up through -100, ADX above 40.00 and starting to move down, PPO at -10 and moving up, +D1 turning up.  Would be much appreciated.
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Bruce_L
Posted : Friday, March 21, 2014 8:03:06 PM


Worden Trainer

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

You really don't want to use Condition Formulas for any of these conditions.

Your best bet is to add the indicators to the chart, adjust the settings as desired and then click on them to select Create Scan Condition.

Create Conditions from Your Chart

There are built in options in the Condition drop-down menu of the Create Scan Condition window for all of your requirements besides starting to move up or starting to move dow.n

You can create conditions for starting to move up by adding a 2-period simple moving average to the indicator and checking for the indicator to be crossing up through its own 2-period simple moving average.

You can create conditions for starting to move down by adding a 2-period simple moving average to the indicator and checking for the indicator to be crossing down through its own 2-period simple moving average.

You would want to add all of the conditions to the same EasyScan to create your scan.

Building a Scan with Multiple Conditions


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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