Samuel: I wrote about it in TA- Indicators and Systems reply #45:
To: Richard (42 ) From: andrew gabor Oct 21 1996 1:05PM EST Reply #45 of 247
Richard- I have been watching stochrsi(8,5) and have found some interesting correlations:
Enter: mov((rsi(8) - LLV(RSI(8),8))/ (HHV(RSI(8),8) - LLV(RSI(8)8))),5,W)*100 > REF(mov((rsi(8) - LLV(RSI(8),8))/ (HHV(RSI(8),8) - LLV(RSI(8)8))),5,W)*100),-1) AND REF(mov((rsi(8) - LLV(RSI(8),8))/ (HHV(RSI(8),8) - LLV(RSI(8)8))),5,W)*100,-1) < 15
Exit: mov((rsi(8) - LLV(RSI(8),8))/ (HHV(RSI(8),8) - LLV(RSI(8)8))),5,W)*100 < REF(mov((rsi(8) - LLV(RSI(8),8))/ (HHV(RSI(8),8) - LLV(RSI(8)8))),5,W)*100),-1) AND REF(mov((rsi(8) - LLV(RSI(8),8))/ (HHV(RSI(8),8) - LLV(RSI(8)8))),5,W)*100,-1) > 85
Also thanks Bob for pitching in. Behind on my reading- gg
yt
andy |