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/*Intermediate exits*/
N1=20;
F1=(RSI(N1)+RSI(2*N1)+RSI(3*N1/2)+RSI(5*N1/2))/4;
F11=(sqrt(MA(F1,N1/2)*F1));
Plot(DEMA(F1,10),"FAST",1,8);
Plot(DEMA(F11,10),"SLOW",4,1);
and the
/*Final exit*/
N1=40;
F1=(RSI(N1)+RSI(2*N1)+RSI(3*N1/2)+RSI(5*N1/2))/4;
F11=(sqrt(MA(F1,N1/2)*F1));
Plot(DEMA(F1,10),"FAST",1,8);
Plot(DEMA(F11,10),"SLOW",4,1);
If a bullish rally occurs, you may use partial exits E1, E2 [above]
of a final exit E [below]
The same functions may be used in a bearish rally.
Short at S1 and Cover at intermediate C1, C2, C3 or at a final C.
Note also that the black line is very sensitive and feels the price changes
without lag, consequently is a good trend follower.
Dimitris Tsokakis
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<DIV><FONT size=2>There are two exit methods when a bullish rally
occurs.</FONT></DIV>
<DIV><FONT size=2>Intermediate exit and re-entry, if the trend is still there
and a final exit when the trend is exausted and over.</FONT></DIV>
<DIV><FONT size=2>Two RSI variations give a nice solution with a change of a
period parameter.</FONT></DIV>
<DIV><FONT size=2>Apply in ind. builder the </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>/*Intermediate
exits*/<BR>N1=20;<BR>F1=(RSI(N1)+RSI(2*N1)+RSI(3*N1/2)+RSI(5*N1/2))/4;<BR>F11=(sqrt(MA(F1,N1/2)*F1));<BR>Plot(DEMA(F1,10),"FAST",1,8);<BR>Plot(DEMA(F11,10),"SLOW",4,1);</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>and the </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>/*Final
exit*/<BR>N1=40;<BR>F1=(RSI(N1)+RSI(2*N1)+RSI(3*N1/2)+RSI(5*N1/2))/4;<BR>F11=(sqrt(MA(F1,N1/2)*F1));<BR>Plot(DEMA(F1,10),"FAST",1,8);<BR>Plot(DEMA(F11,10),"SLOW",4,1);</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>If a bullish rally occurs, you may use partial exits E1, E2
[above]<BR>of a final exit E [below]<BR>The same functions may be used in a
bearish rally.<BR>Short at S1 and Cover at intermediate C1, C2, C3 or at a final
C.<BR>Note also that the black line is very sensitive and feels the price
changes<BR>without lag, consequently is a good trend follower.</FONT></DIV>
<DIV><FONT size=2>Dimitris Tsokakis</FONT></DIV></BODY></HTML>
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