Rank: Member
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Hi,
I use following RSI Exploration-
BUY
(RSI(5)>Mov((RSI(5)),8,S))
SELL
(RSI(5)<Mov((RSI(5)),8,S))
col A Or colB.
This shows the positive or negative cross over of the stock everyday until it reverses.
I would like to have it show positive or negative cross over on the day it occurs and not afterwards.
Your help will be appreciated.
Regards.<mov((rsi(5)),8,s)) cola=" colb.=" this=" shows=" of=" stock=" everyday=" until=" reverse.=" i=" would=" like=" to=" have=" show=" positive=" or=" negative=" cross=" over=" on=" the=" day=" it=" occurs=" and=" not=" afterwaeds.=" your=" help=" will=" be=" appreciated.=" regards.=">
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Rank: Advanced Member
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The simplest answer uses the Cross() function.
wabbit [:D]
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Rank: Member
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Thanks Wabbit.
Please guide how to formulate RSI5 with ( ) function.
Thanks and Regards.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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It's all in the MS User Manual and the free Equis Formula Primer. Code:
x:=RSI(5);
Cross(x,Mov(x,8,S));
wabbit [:D]
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Rank: Advanced Member
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Location: Glastonbury, CT
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here is a chart showing your system  You might want to try another system here is the same system but using a trend filter 
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Rank: Advanced Member
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try this 
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Rank: Member
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Posts: 18
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Thanks Wabbit and henry1224.
I will try the last formula shown by henry1224 .
Regards.
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Rank: Newbie
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Joined: 12/20/2009(UTC)
Posts: 6
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Hi Henry
I saw your chart with color filling. Very attractive. Pls guide how I could do that in meta. It seems amibroker do it better but anyway I am meta user. Appreciated.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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Use a histogram format for your indicator, make them wide and don't zoom in too far.
wabbit [:D]
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