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Thanks Carl, I can see first part of the article and yes it does
involve trendline b/out etc. As far as the AFL discussed in this
thread (I may be wrong) but it is very similar to the ARSI, The
Asymmetrical RSI. The whole ARSI AFL code by Tomasz was published in
October 2008 issue. The reason I say that is that the following
similar code is used to define ARSI
RS = UpMove/DnMove;
ARSI = 100-(100/(1+RS));
Regards
Richard
--- In amibroker@xxxxxxxxxxxxxxx, "Carl Vanhaesendonck" <carl.van@xxx>
wrote:
>
> The article is available in the Jan09 issue of Stocks & Commodities
- you
> have to subscribe to S&C. I think it would be quite difficult to
automate as
> it invloves trend lines on the indicator (RSI) and divergences. The
idea is
> that you can see when a trend is over for the RSI line: it has to
break the
> trend line and then to make a divergence; only from this moment can
you look
> at entry.
>
>
>
> Carl
>
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