StockFetcher Forums · General Discussion · RSI(2), 3 ,4,5, and of course 6<< >>Post Follow-up
push5280
201 posts
msg #97860
Ignore push5280
12/6/2010 8:53:21 PM

So today I'm reading some blogs and articles about RSI(2) and I find this page where the gentleman is plotting 4 or five different RSI periods and buy on convergence. So I create a SF scan and add RSI(2), 4 ,5,6 and look for convergences. Has anyone else heard of this or tried it in the past?

Kevin_in_GA
4,599 posts
msg #97861
Ignore Kevin_in_GA
12/6/2010 9:33:12 PM

easy to do

Fetcher[

draw RSI(3) on plot RSI(2)
draw RSI(4) on plot RSI(2)
draw RSI(5) on plot RSI(2)
draw RSI(6) on plot RSI(2)

symlist(spy,aapl,ibm,iwm)

]



I would probably use this in conjunction with some short term ema (above for long, below for short).

TheRumpledOne
6,411 posts
msg #97868
Ignore TheRumpledOne
12/7/2010 9:23:13 AM

I heard of it used on stochastics over on forex factory. It was called the "rope". You wait for the strands to twist and untwist.

http://www.forexfactory.com/showthread.php?t=37111

StockFetcher Forums · General Discussion · RSI(2), 3 ,4,5, and of course 6<< >>Post Follow-up

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