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I like your observation about the second peak or trough being contained
within the bands. It should be straightforward to write a divergence
indicator by looking for a RSI close outside the bands followed by a P or T
inside the bands.
Happy hunting
Sid
At 05:39 AM 03/18/2003 -0800, you wrote:
>Anthony,
>
>As a follow up on my email I am sending .gif file with the RSI/Volatility
>Bands applied on real stock example.
>
>I think this code would be worth it to upload to AFL library...
>
>
>
>Best Regards,
>
>
>
> Steven
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