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Re: [amibroker] Re: RSI - calculating an exit



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Oh BTW ( this is getting to be a habit  8 - )...you don't really need to run 
it throught the explorer every time - for my own convenience I have removed 
all the AddColumn's and just added Needed Array ( P1/Mult ) to the Title of 
my charts.

Steve

----- Original Message ----- 
From: "Steve Dugas" <sjdugas@xxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, June 10, 2008 2:27 PM
Subject: Re: [amibroker] Re: RSI - calculating an exit


>I would probably try something like this....
>
> Calc = RSI( 14 );   // i.e., whatever formula you are using to define your
> RSI
> Goal = 30;  // i.e., the RSI value where you want to set your stop
>
> Steve
>
> ----- Original Message ----- 
> From: "droskill" <droskill@xxxxxxxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Tuesday, June 10, 2008 2:08 PM
> Subject: [amibroker] Re: RSI - calculating an exit
>
>
>> Great stuff - just a clarification - so if I'm doing an RSI
>> calculation, I would put in the formula for RSI (100-100/RS+1 or
>> something like that), and NOT use RSI (the default indicator)?
>>
>> --- In amibroker@xxxxxxxxxxxxxxx, "Steve Dugas" <sjdugas@xxx> wrote:
>>>
>>> That sounds like a job for Fred's "Price Predictor" code ( thanks
>> Fred! ). I
>>> have attached it below, you will probably just need to plug your own
>> values
>>> into the Calc and Goal statements.
>>>
>>> Steve
>>> _________________________________
>>>
>>> You supply:
>>>
>>> - The array in the first statement ( Assumedly Price )
>>> - The Indicator in the Calc = statement
>>> - The Goal in the Goal = statement
>>>
>>> ... It will return in Explore the value needed in the array in the
>>> next bar to have the indicator meet the goal in the next bar.
>>>
>>> This is set up for use with a typical MACD but can be easily modified
>>> for use with any indicator you can design.
>>>
>>> P0   = Close;
>>>
>>> Acc  = 0.00001;
>>>
>>> LVBI = LastValue(BarIndex());
>>> Mult = 1;
>>>
>>> for (i = 0; i < 10; i++)
>>> {
>>>     If (P0[LVBI] >= 1)
>>>         i = 99;
>>>     else
>>>     {
>>>         P0 = P0 * 10;
>>>         Mult = Mult * 10;
>>>     }
>>> }
>>>
>>> P1   = Ref(P0, 1);
>>> UpDn = 100 * P1[LVBI];
>>>
>>> for (i = 0; i < 200; i++)
>>> {
>>>     Calc = EMA(P1,12)-EMA(P1,26);
>>>     Goal = EMA(EMA(P1,12)-EMA(P1,26),9);
>>>
>>>     if (Calc[LVBI] < Goal[LVBI])
>>>         P1[LVBI] = P1[LVBI] + UpDn;
>>>     else
>>>         P1[LVBI] = P1[LVBI] - UpDn;
>>>     UpDn = UpDn / 2;
>>>     if (UpDn <= Acc)
>>>     {
>>>         j = i;
>>>         i = 99999;
>>>     }
>>> }
>>>
>>> Accuracy = 100 * (abs(Goal[LVBI] - Calc[LVBI]) / Goal[LVBI]);
>>>
>>> Filter = BarIndex() == LVBI;
>>>
>>> AddColumn(Mult,                  "Multiplier",    1.0);
>>> AddColumn(Calc[LVBI - 1] / Mult, "Curr Ind Val",  1.9);
>>> AddColumn(Goal / Mult,           "Goal Ind Val",  1.9);
>>> AddColumn(Calc / Mult,           "Calc Ind Val",  1.9);
>>> AddColumn(j,                     "Iterations",    1.0);
>>> AddColumn(Accuracy,              "Accuray (%)",   1.9);
>>> AddColumn(Ref(P1, -1) / Mult,    "Current Array", 1.9);
>>> AddColumn(P1 / Mult,             "Needed Array",  1.9);
>>>
>>>
>>> ----- Original Message ----- 
>>> From: "droskill" <droskill@xxx>
>>> To: <amibroker@xxxxxxxxxxxxxxx>
>>> Sent: Tuesday, June 10, 2008 1:22 PM
>>> Subject: [amibroker] RSI - calculating an exit
>>>
>>>
>>> > Let's say that I've got a defined RSI level for an exit - and I'd like
>>> > to calculate a target based on that so I can have a stop order in the
>>> > market at a specific target.  Is there anyway for me to calculate what
>>> > the price would be on a given RSI level?
>>> >
>>> > Thanks!
>>> >
>>> >
>>> > ------------------------------------
>>> >
>>> > Please note that this group is for discussion between users only.
>>> >
>>> > To get support from AmiBroker please send an e-mail directly to
>>> > SUPPORT {at} amibroker.com
>>> >
>>> > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
>>> > http://www.amibroker.com/devlog/
>>> >
>>> > For other support material please check also:
>>> > http://www.amibroker.com/support.html
>>> > Yahoo! Groups Links
>>> >
>>> >
>>> >
>>> >
>>>
>>
>>
>>
>> ------------------------------------
>>
>> Please note that this group is for discussion between users only.
>>
>> To get support from AmiBroker please send an e-mail directly to
>> SUPPORT {at} amibroker.com
>>
>> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
>> http://www.amibroker.com/devlog/
>>
>> For other support material please check also:
>> http://www.amibroker.com/support.html
>> Yahoo! Groups Links
>>
>>
>>
>>
>
>
>
> ------------------------------------
>
> Please note that this group is for discussion between users only.
>
> To get support from AmiBroker please send an e-mail directly to
> SUPPORT {at} amibroker.com
>
> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
> http://www.amibroker.com/devlog/
>
> For other support material please check also:
> http://www.amibroker.com/support.html
> Yahoo! Groups Links
>
>
>
> 



------------------------------------

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