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Please Help:
Any way to translate this from MetaStock Code > TS20001?
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RSI Derivative Oscillator
Part1:=
2.3*{the average true range of ("RSI 14,6,S") up closes}
If({"RSI 14,6,S=up"}
Mov(RSI(14),6,S)>
Ref(Mov(RSI(14),6,S),-1){=true},
{then}ATR(1),
{else}0);
Part2:=
2.1*{the average true range of ("RSI 14,6,S") down closes}
If({"RSI 14,6,S=down"}
Mov(RSI(14),6,S)<
Ref(Mov(RSI(14),6,S),-1){=true},
{then}ATR(1),
{else}0);
Part3:=
{RSI 14 added with Part1 + Part2}
RSI(14)+Sum(Part1,14)+Sum(Part2,14);
RSIDerivOsc:=
{The 15 unit triple smoothed Part3}
Mov(Mov(Mov(Part3,15,S),15,S),15,S);
RSIDerivOsc
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Regards,
Thomas J. Festa, CMT
Technical Analysis Trading Systems Developer
Senior Proprietary Trader - Equities
Hold Brothers, LLC
230 Headquarters Plaza
East Tower, 2nd Floor
Morristown, NJ 07960
Cell: (908) 581-8880
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