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Dan, Jim, and List,
Although I keep the best of the bunch as a "super secret" for friends,
relatives, and clients ... here is a smatthering of formulae that might be
useful. StoRSI's perform very differently when you plug in various numbers.
Experiment and determine which are most suitable for your style and markets.
Substitute numbers, apply moving averages, get creative. These are just a
few:
((RSI(21)-LLV(RSI(21),8))/((HHV(RSI(21),13))-LLV(RSI(21),13)))
((RSI(21)-LLV(RSI(21),21))/((HHV(RSI(21),21))-LLV(RSI(21),21)))
((RSI(14)-LLV(RSI(14),14))/((HHV(RSI(14),14))-LLV(RSI(14),14)))
Mov((RSI(21)-LLV(RSI(21),13))/(HHV(RSI(21),8)-(LLV(RSI(21)+.00001,13))),8,E)
*100
Mov((RSI(5)-LLV(RSI(5),5))/(HHV(RSI(5),5)- (LLV(RSI(5),5))),3,E)*100
Mov((RSI(13)-LLV(RSI(13),13))/(HHV(RSI(13),13)- (LLV(RSI(13),13))),3,E)*100
Steve Karnish
Cedar Creek Trading
http://www.abbracadabra.com/cybercast/
----- Original Message -----
From: <Wooglinx@xxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, November 11, 1999 5:53 AM
Subject: Re: StochRSI 'Alert' Levels
> Dan:
>
> Excellent post and thanks for your "system" approach.
>
> Aside from the alert levels, what is the number of days parameter used in
> your formula and what, if any, moving average of the basic formula do you
> use? Perhaps a post of your StochRSI indicator / exploration might be
better.
>
> Thanks,
>
> Jim Barone
>
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