pilp
9 posts
msg #38020
- Ignore pilp |
9/17/2005 1:17:12 PM
Well I tried to write the following concept :
weekly rsi(7) crossed below 40 within last 2 day
weekly rsi(7) crossed above 40
The problem is that SF gives weekly rsi(7) crossed above 40 1-2 days in delay.
Why is that ?
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Koronbock
201 posts
msg #38026
- Ignore Koronbock |
9/17/2005 4:36:08 PM
You may have forgotten AND (after "last 2 day").
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pilp
9 posts
msg #38030
- Ignore pilp |
9/17/2005 8:07:05 PM
I affraid not. It gives the same results.
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ssmike123
9 posts
msg #38031
- Ignore ssmike123 |
9/17/2005 10:23:38 PM
should the second statment be Daily?
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pilp
9 posts
msg #38039
- Ignore pilp |
9/18/2005 2:05:30 AM
Yes - the chart-display is daily.
I can see the cross above 40 but only about 2 days
after it happened.
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jaketheguy
52 posts
msg #38040
- Ignore jaketheguy |
9/18/2005 2:44:13 AM
You said the "weekly RSI(7)", which is not the same thing as the 'RSI(7)' on a daily basis. If it is the latter you are interested in, then try the following:
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pilp
9 posts
msg #38041
- Ignore pilp |
9/18/2005 3:21:19 AM
Sorry for being misunderstood but what I am looking for is first WEEKLY rsi(7) crossing below 40 and then 1-2 days after crossing above 40.
All I can see is SF alerting the crossover 1-2 days AFTER the actual crossover above 40.
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jaketheguy
52 posts
msg #38042
- Ignore jaketheguy |
9/18/2005 4:26:06 AM
Evidently with stockfetcher, once you evaluate a parameter in terms of weeks, the rest of the phrase assumes weeks as well.
For example, compare the filters below. You'll get the same results whether the last word is 'day' or 'week'.
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pilp
9 posts
msg #38044
- Ignore pilp |
9/18/2005 9:27:48 AM
hmm..
That means I cant calculate daily data with weekly indicator ?
I saw it can be done but with no appropriate timing.
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tomb
267 posts
msg #38045
- Ignore tomb |
9/18/2005 9:33:52 AM
Hi,
When accessing weekly measures, you can only specify crossovers on a weekly basis. A weekly measure only consists of a single data point per week (as opposed to a data point per day.) So while a crossover, of a weekly measure, may appear to occur on a particular day, when viewing a daily chart, it is really ocurring between two weeks.
As an analog, consider plotting daily RSI values on a 5 day, intraday chart. While it may appear that you could extrapolate in which hour the daily RSI may have a crossover, that is simply an effect of connecting the two daily values via a line.
Hopefully the above explains the results you are seeing from your filters.
Tom
StockFetcher.com Support
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