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swordman  
#1 Posted : Monday, August 28, 2006 1:21:43 AM(UTC)
swordman

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 4/10/2006(UTC)
Posts: 42
Location: Hong Kong

dear all :

I am using the forum latch function to set an alert signal for some indicator which drop below the oversold zone and then cross above it again but I cannot figure out how to get the degree of oversold/bought . I use the RSI here for example . If I define several degree of oversold , eg 20 ,30 , 40 . If I assign the value of degree of oversold from cross above them as 3 for less 20,2 for less than 30 ,1 for less than 40 in a binary indicator . How can I ignore the following cross and only get one value ?

eg : RSI value

day 1- 17

day 2- 22

day 3- 28

day 4- 35

day 5- 38

day 6- 45 ,

I use the " forum latch " function to lock the cross over to send one signal only .At day 7 and forecoming , I want get the value of the degree of MOST oversold , in this case should be 3 as the lowest value is below 20 but when I use a latch function , How should I write it to make it to return the extreme value 3 only and dont not return the value 2 & 1 even it cross over 30 & 40 .

Thanks

swordman  
#2 Posted : Monday, August 28, 2006 1:39:45 AM(UTC)
swordman

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 4/10/2006(UTC)
Posts: 42
Location: Hong Kong

I want to say more ,

If I want an alert function to make the oversold signal valid from day 6 to day 10 or later . How can I make it to return just the value 3 , 2 or 1 but not all the 321 together ?

Thanks

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