DougR,
bdog and others.
I sicc'ed bdog on this experimental scan this morning. It is suppose to identify down trends in the short term RSI and an upswing which might lead to an opportunity.
I have made some charts which depict, in general, what I was looking
for and the results of the 1st backtest. The links to these charts, which represent a back testing of the scan for June 15th is:
topher.net
It looks promising, but needs some more tweaking.
Your suggestions will be welcome.
thanks
collin
The experimental scan:
P1:=3; {RSI period}
Vlimit:=20; {Minimum volume limit}
Vdays:=60; {number of days to check vol}
R1:=20; {#days to check for peaks}
Rlimit1:=80; {#1 peak must be < this }
Rhigh:=90; {#2 peak higher than this}
Ref(C,-2) <Ref(C,-3)AND Ref(C,-1) < Ref(C,-2) AND C > Ref(C,-1) AND
LLV(V,Vdays) >Vlimit AND HHV(RSI(P1),R1) <rlimit1 AND
HHV(RSI(P1),R1) < HHV(Ref(RSI(P1),-R1),R1) AND
HHV(Ref(RSI(P1),-R1),R1) >Rhigh |
