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RE: Price - RSI divergence exploration



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<DIV><SPAN class=90492706-25101998><FONT color=#0000ff face=Arial 
size=2>Adam,</FONT></SPAN></DIV>
<DIV><SPAN class=90492706-25101998><FONT color=#0000ff face=Arial 
size=2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=90492706-25101998><FONT color=#0000ff face=Arial size=2>Thank 
you very much for the help.&nbsp; You stand absolutely correct.&nbsp; Thank you, 
and everyone else who has helped.</FONT></SPAN></DIV>
<DIV><SPAN class=90492706-25101998><FONT color=#0000ff face=Arial 
size=2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=90492706-25101998><FONT color=#0000ff face=Arial 
size=2>Bijan</FONT></SPAN></DIV>
<BLOCKQUOTE>
    <DIV class=OutlookMessageHeader><FONT face="Times New Roman" 
    size=2>-----Original Message-----<BR><B>From:</B> 
    owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On 
    Behalf Of</B> Von Hef<BR><B>Sent:</B> Saturday, October 24, 1998 
    07:22<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> Re: Price - 
    RSI divergence exploration<BR><BR></FONT></DIV>
    <DIV><FONT color=#000000 size=2>Hello,</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
    <DIV><FONT color=#000000 size=2>Your formula : 
    <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
    size=2>&quot;{Price exploration} </FONT></SPAN><FONT size=2>Ref(CLOSE,-2) 
    &lt; Ref(LLV(CLOSE,14),-2)&quot;</FONT></DIV>
    <DIV><FONT size=2></FONT>will never be true since 
    &quot;Ref(LLV(CLOSE,14),-2)&quot;&nbsp; takes the lowest</DIV>
    <DIV>value from the past 14 days (referenced 2 days ago).</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>Perhaps this is what you need?&nbsp; </DIV>
    <DIV><FONT size=2>&quot;Ref(CLOSE,-2) &lt; 
    Ref(LLV(CLOSE,14),-3)&quot;</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV>This will reference the 14 day low from 3 days back.</DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV>Hope this helps,</DIV>
    <DIV>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
    Adam Hefner</DIV>
    <DIV>&nbsp;</DIV>
    <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
    size=2></FONT></SPAN>&nbsp;</FONT></DIV></DIV>
    <BLOCKQUOTE 
    style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
        <DIV><FONT face=Arial size=2><B>-----Original 
        Message-----</B><BR><B>From: </B>Bijan Khezri &lt;<A 
        href="mailto:bij3peat@xxxxxxxxxxxxx";>bij3peat@xxxxxxxxxxxxx</A>&gt;<BR><B>To: 
        </B>Metastock &lt;<A 
        href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
        </B>Saturday, October 24, 1998 1:18 AM<BR><B>Subject: </B>Price - RSI 
        divergence exploration<BR><BR></DIV></FONT>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2>I have been trying to write a fairly simple exploration for a 
        divergence between price and RSI.&nbsp; The standard divergence 
        indicator does not do the job.&nbsp; The conditions are as 
        follows:</FONT></SPAN></DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2></FONT></SPAN>&nbsp;</DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2>- RSI has been going up for three days.</FONT></SPAN></DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2>- RSI three days ago was higher than lowest RSI in past 14 
        days</FONT></SPAN></DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2>- close of three days ago was lower than lowest close of the 
        prior 14 days</FONT></SPAN></DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2></FONT></SPAN>&nbsp;</DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2>While the RSI part seems to be working, the price part does not 
        make any hits at all, even when run independently.&nbsp; Can anyone 
        figure out what is wrong?&nbsp; All help is appreciated.&nbsp; 
        TIA.</FONT></SPAN></DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2></FONT></SPAN>&nbsp;</DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2>{RSI exploration}</FONT></SPAN></DIV>
        <DIV><FONT size=2>&nbsp;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></DIV>
        <DIV><FONT size=2></FONT>&nbsp;</DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2>{Price exploration}</FONT></SPAN></DIV>
        <DIV><FONT size=2>Ref(CLOSE,-2) &lt; Ref(LLV(CLOSE,14),-2)</FONT></DIV>
        <DIV><SPAN class=630580805-24101998><FONT color=#2e393d face=Arial 
        size=2></FONT></SPAN>&nbsp;</DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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From: "Bijan Khezri" <bij3peat@xxxxxxxxxxxxx>
To: "Metastock" <metastock@xxxxxxxxxxxxx>
Subject: 200 Simple Moving Average
Date: Sat, 24 Oct 1998 23:34:21 -0700
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<DIV><SPAN class=600342906-25101998><FONT color=#2e393d face=Arial size=2>It 
appears that in Metastock the long averages, in this particular case the 200 day 
simple moving average, is traced based on the number of days displayed on the 
screen, rather than the data available.&nbsp; Or am I using something in a wrong 
way.&nbsp; The first chart is a capture from Quotes Plus with all data 
available, the other two are from MS 6.5 in two different zoom settings.&nbsp; 
The 200 SMA is positioned completely differently.&nbsp; What is the use of the 
indicator if one can not zoom to see the intersections?</FONT></SPAN></DIV>
<DIV><SPAN class=600342906-25101998><FONT color=#2e393d face=Arial 
size=2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=600342906-25101998><FONT color=#2e393d face=Arial 
size=2>Bijan</FONT></SPAN></DIV></BODY></HTML>
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