ronbary
16 posts
msg #114109
- Ignore ronbary |
6/15/2013 4:43:37 PM
Hi Support ,
i want to add another column to my filter this will be called RSIM ( RSI Momentum )
i need your help how to add this added value to my scan Filters
The calculation of this ( RSIM ) column will be very simple based on the Regular RSI for last 5 days :
rsi5 = RSI[5] * (close[5]) // explanation : RSI for last 5 days multiply by average closing price for last 5 days
rrsi =RSI[5] * (close) // explanation : RSI for last 5 days multiply by price Close
RSIMomentum = rrsi - rsi5
This is the calculation i just need your help how to add this RSIMomentum colume or value into my scans
thanks
Ron
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Kevin_in_GA
4,599 posts
msg #114110
- Ignore Kevin_in_GA |
6/15/2013 5:51:38 PM
The calculation of this ( RSIM ) column will be very simple based on the Regular RSI for last 5 days :
rsi5 = RSI[5] * (close[5]) // explanation : RSI for last 5 days multiply by average closing price for last 5 days
rrsi =RSI[5] * (close) // explanation : RSI for last 5 days multiply by price Close
RSIMomentum = rrsi - rsi5
+++++++++++++
Here I am assuming that you are looking for the average RSI(5) over the last 5 days, not the sum. If it is the sum you are looking for, just substitute sum for "cma" in line 2.
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ronbary
16 posts
msg #114115
- Ignore ronbary |
6/16/2013 3:12:01 PM
hi , thanks
this is what i look for ,
What is CMA ?
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Kevin_in_GA
4,599 posts
msg #114116
- Ignore Kevin_in_GA |
6/16/2013 3:54:40 PM
cma = custom moving average. It is the simple moving average so it only looks back the number of specified days (5 in this case).
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