woodstock
10 posts
msg #56837
- Ignore woodstock |
11/19/2007 9:07:31 AM
I think, all of SF users have already known about RSI2 filter. However I would like to understand - how SF calculates this value and what does (RSI2 < 1) mean?
The following link includes RSI formula.
"http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:relative_strength_index_rsi"
So, in my opinion, if we have just 2 consecutive down days the RSI(2) will be equal 0.
It seems to me that we can change RSI2 filter to 3 down days condition without any losses.
And it is a main idea of this filter. No magic.
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TheRumpledOne
6,529 posts
msg #56839
- Ignore TheRumpledOne |
11/19/2007 11:46:50 AM
I have know idea what you are asking.
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contrahawk
68 posts
msg #56867
- Ignore contrahawk |
11/20/2007 7:55:31 AM
Look at this thread
http://beta.stockfetcher.com/sfforums/?q=view&fid=1001&tid=47368&qrid=&isiframe= - 14k - 2006-10-13
Jim
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woodstock
10 posts
msg #56902
- Ignore woodstock |
11/21/2007 2:23:13 AM
Hi, contrahawk.
Many thanks.
It is exactly what I want to know.
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contrahawk
68 posts
msg #56905
- Ignore contrahawk |
11/21/2007 12:51:37 PM
You're welcome. . . . .I recognized the quandry!
J
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