Here's the WOW coding for the moving average system that Dave Evans is now working on:
fml("StocRSI(8,5)")>mov(fml("StocRSI(8,5)"),40,E) and
mov(c,5,e)>mov(c,13,e)
StocRSI(8,5):
Mov((RSI(8)-LLV(RSI(8),8))/(HHV(RSI(8),8)-(LLV(RSI(8),8))),5,w)*100
I don't know what he plans to use as an exit; he didn't say. I tried this:
fml("StocRSI(8,5)")<mov(fml("StocRSI(8,5)"),40,E) and
mov(c,5,e)<mov(c,13,e)
It pinpoints the tops and bottoms as well as your excellent StochRSI system, I think, but it gives a lot of signals. You really have to know what you're getting into, and when, or you'd get whipsawed. But some of these systems that give too many signals but pinpoint highs and lows are still useful for good exits at the end of runs up. |
