[EquisMetaStock Group] Re: need some help on RSI code

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

Hi Steve, 

Good to hear from you again! 

If the comparison was in the form of an attachment it didn't make it.

Upload it into the files or photos section.

Ever heard of Walter Baeyans? Just finished his book on the 
RSI...mostly channels and fibs.

Preston




--- In equismetastock@xxxxxxxxxxxxxxx, Steve Karnish <skeeter47@xxx> 
wrote:
>
> Here's a comparison of the Rapid RSI to a modified StoRSI.  I like 
the StoRSI better.  It's just as "rapid".  I believe it is 
less "nervous" and it defines tops and bottoms better than other 
momentum oscillators.
>    
>   Take care,
>    
>   Skeets
> 
> pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>           AL,
> 
> Here you go!
> 
> Preston
> 
> Rapid RSI
> 
> TASC OCT 2006
> METASTOCK: Relative Spread Strength 
> Ian Copsey's article in this issue, "Relative Spread Strength," 
> introduces two variations on the relative strength index (RSI). The 
> formula for these indicators and the instructions for adding them 
to 
> MetaStock follow. 
> To enter these indicators into MetaStock: 
> 1. In the Tools menu, select "Indicator Builder." 
> 2. Click New to open the Indicator Editor for a new indicator. 
> 3. Type the name of the formula. 
> 4. Click in the larger window and type in the formula. 
> 5. Click OK to close the Indicator Editor. 
> 
> Name: Rapid RSI
> Formula:
> tp:= 14; { time periods in RSI calculation}
> plot:= C;
> change:= ROC(plot,1,$);
> Z:=Sum(If(change>0,change,0),tp);
> Y:=Sum(If(change<0,Abs(change),0),tp);
> Ytemp:=If(y=0,0.00001,y);
> RS:=Z/Ytemp;
> 100-(100/(1+RS))
> 
> Name: Relative Spread Strength
> Formula:
> matp1:=10; {short MA time periods}
> matp2:=40; {long MA time periods}
> RStp:= 5; { time periods in RSI}
> RSsmoothtp:=5; { time periods in smoothing of RSI}
> plot:= Mov(C,matp1,E)-Mov(C,matp2,E);
> change:= ROC(plot,1,$);
> Z:=Sum(If(change>0,change,0),RStp);
> Y:=Sum(If(change<0,Abs(change),0),RStp);
> Ytemp:=If(y=0,0.00001,y);
> RS:=Z/Ytemp;
> Mov(100-(100/(1+RS)),RSsmoothtp,S)
> 
> 
> --William Golson 
> MetaStock Support Representative 
> Equis International (A Reuters Company) 
> 801 265-9998, www.metastock.com
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, Al Dina <zebra7860@> wrote:
> >
> > Hello,
> > 
> > I am attaching an interesting article on a twist to the RSI. It 
> is called the "Rapid RSI" and I know that there are some very good 
> programmers here.
> > 
> > Basically, the document illustrates how the RSI can be tweaked to 
> be more sensitive.
> > 
> > Can anybody convert this code to Metastock language, please?
> > 
> > I would truly appreciate it.
> > 
> > Al
> > 
> > 
> > ---------------------------------
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> > 
> > [Non-text portions of this message have been removed]
> >
> 
> 
> 
>                            
> 
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