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Re: Price - RSI divergence exploration



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On Sat, 24 Oct 1998 14:36:57 -0700, you wrote:

><html>
><font size=2><blockquote type=cite cite>Is it&nbsp; possible for
>Ref(CLOSE,-2) to be lower than the LLV on that day&nbsp; [ &lt;
>Ref(LLV(CLOSE,14),-2)]?</font></blockquote><br>
><font size=3>At 10:25 PM 10/23/98 -0700, Bijan Khezri wrote: <br>
></font><font face="arial" size=2 color="#2E393D"><blockquote type=cite cite>I
>have been trying to write a fairly simple exploration for a divergence
>between price and RSI.  The standard divergence indicator does not do the
>job.  The conditions are as follows:</font><br>
><font size=3 color="#000000"> <br>
></font><font face="arial" size=2 color="#2E393D">- RSI has been going up
>for three days.</font><br>
>- RSI three days ago was higher than lowest RSI in past 14 days<br>
>- close of three days ago was lower than lowest close of the prior 14
>days<br>
><font size=3 color="#000000"> <br>
></font><font face="arial" size=2 color="#2E393D">While the RSI part seems
>to be working, the price part does not make any hits at all, even when
>run independently.  Can anyone figure out what is wrong?  All help is
>appreciated.  TIA.</font><br>
><font size=3 color="#000000"> <br>
></font><font face="arial" size=2 color="#2E393D">{RSI
>exploration}</font><br>
><font size=2 color="#000000"> Ref(RSI(14),0) &gt; Ref(RSI(14),-1)
>AND<br>
>Ref(RSI(14),-1) &gt; Ref(RSI(14),-2)AND<br>
>Ref(RSI(14),-2) &gt; Ref( LLV(RSI(14),14),-2) </font><br>
><font size=3> <br>
></font><font face="arial" size=2 color="#2E393D">{Price
>exploration}</font><br>
><font size=2 color="#000000">Ref(CLOSE,-2) &lt;
>Ref(LLV(CLOSE,14),-2)</font><br>
><font size=3> <br>
></blockquote><br>
></font>
><BR>
></html>

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FWIW, the message said:

Is it  possible for Ref(CLOSE,-2) to be lower than the LLV on that day
[ < Ref(LLV(CLOSE,14),-2)]?

At 10:25 PM 10/23/98 -0700, Bijan Khezri wrote: 

 I have been trying to write a fairly simple exploration for a
divergence between price and RSI.  The standard divergence indicator
does not do the job.  The conditions are as follows:
   
  - RSI has been going up for three days.
  - RSI three days ago was higher than lowest RSI in past 14 days
  - close of three days ago was lower than lowest close of the prior
14 days
   
  While the RSI part seems to be working, the price part does not make
any hits at all, even when run independently.  Can anyone figure out
what is wrong?  All help is appreciated.  TIA.
   
  {RSI exploration}
   Ref(RSI(14),0) > Ref(RSI(14),-1) AND
  Ref(RSI(14),-1) > Ref(RSI(14),-2)AND
  Ref(RSI(14),-2) > Ref( LLV(RSI(14),14),-2) 
   
  {Price exploration}
  Ref(CLOSE,-2) < Ref(LLV(CLOSE,14),-2)
   
!@#$! Ummmm.... Maybe the HTML set could be disabled in Eudora for
this forum? or am I backwards?  I have HTML capability, but turned it
off as a courtesy. Opinion?

-= Chris ß =-