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Jayson,
We simply can not predict tomorrows close using this indicator.
We already suppose we know tomorrow´s RSI().
But, tomorrow´s RSI() is equally unknown to tomorrow´s Close
We need some kind of NeuralNetwork platform and then accept the
respective NN hypothesis and someone to undertake the NN risk !!.
Even this procedure would not need RSI() to operate.
The indicator may give VISUAL channels if , for example, you plot 3
graphs for value=35, 50, 65 and work similar to Keltner Channels or
Bollinger Bands.
Simply set value=RSI() and you will receive nothing but the Close
graph again.
See also
http://www.traders.com/Documentation/FEEDbk_docs/TradersTips/TradersTi
ps.html
comments.
--- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> Franco,
> it is in the members section on the web site......
>
> Regards,
> Jayson
> -----Original Message-----
> From: Franco Gornati [mailto:fgornati@x...]
> Sent: Tuesday, May 27, 2003 1:17 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: Re: [amibroker] Re: RE RSI
>
>
> quchi wrote:
> > Anyway THIS is a incredible cool indicator and I'm using it since
the
> > day TASC was out - I had something similar before but this is MUCH
> > better(of course done by TJ:) - thx TJ and Dr Giorgos Siligardos
> > wow
>
> Anyone kind enough to share it? I can't find it
>
> Thanx
>
> Franco
>
>
>
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