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Dimitris, I have not had the time to follow your posts
regarding the development of these RSI channels. I wouldn't
understand the details even if tried, but I do understand
the concept, and this is exactly what I have been needing. I did see a
previous post where you congratulated Anthony for the idea of
using RSI values to plot horizontal lines of support and
resistance. Based on the graph attached to your email, it appears that you
have developed an indicator that plots RSI support resistance
channels at whatever angles that they may occur. I would
really appreciate you posting the finalized code, or perhaps direct me to
the appropriate posts to read where the code is posted. This concept
is pure genius. Ron D
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Dimitris
Tsokakis
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Thursday, June 12, 2003 6:24
AM
Subject: [amibroker] RSI
support/resistance
When an RSI channel is formatted, RSIsupport/resistance are
quite interesting:In the att. DJI gif, the next bar readings for June10
wereRSIsupport=9041.29RSIresisrtance=9277.71Next bar [June11]
spread was H=9202.08L=9010.13C=9183.22quite close to the RSI
predicted levels.Price trendlines were not informative at all for this
session.
Dimitris TsokakisSend
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