Rank: Newbie
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Joined: 10/10/2010(UTC)
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Hi, can anyone help me how can i set the formula in the explorer to look up a stock
which RSI is above 70 for a month ? and the average close value of the RSI is above 70?
When i set RSI >70 which is only means the RSI is higher than 70 for the close day. I want to calcuate the RSI for a longer period.
Can anyone help me with this? Thanks.
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Rank: Advanced Member
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Joined: 10/29/2004(UTC)
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Location: Glastonbury, CT
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you can use the sum function
just a little tip, I doubt that you will ever get a result from that indicator
stocks never continue up for over twenty two straight days
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Rank: Newbie
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Thanks for your reply.
I am new to metastock. Can you provide me the formula input to the explorer?
you are right, it may not have result. I will change the parametre maybe above 50 RSI for a month. Just because i am not sure the foumula right now. Thank you.
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Rank: Advanced Member
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Joined: 11/7/2005(UTC)
Posts: 602
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over daily data the two conditions might look like:
a1:=RSI(14);
a2:=LLV(a1,20)>70;
a3:=(sum(a1,20)/20)>70;
then run the explorer for a2=1 and a3=1
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Rank: Newbie
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Posts: 3
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