oldsmar52 104 posts msg #52333 - Ignore oldsmar52 |
6/19/2007 8:11:12 PM
I don't know how to get the wording correct for this. I want the weekly rsi(2) one day ago to be below 10 and at today's close I want to see that the weekly rsi(2) has risen. Can someone help? Thanks so much, Frank
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rtucker 318 posts msg #52335 - Ignore rtucker |
6/19/2007 9:27:08 PM
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nikoschopen 2,824 posts msg #52338 - Ignore nikoschopen |
6/19/2007 9:57:18 PM
By definition, a "weekly" indicator is comprised of "daily" measures. Hence, is it even possible to have a rising weekly RSI(2) using a daily interval (eg. "weekly rsi(2) is above weekly rsi(2) one day ago")?
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maxreturn 745 posts msg #52348 - Ignore maxreturn |
6/20/2007 10:05:57 AM
It is my understanding that weekly indicators are calculated at the close of friday based on monday-friday's data. Hence, theoretically there's no way you can say a weekly indicator turned up/down from the previous day. It turns up/down at the end of close friday from last friday's weekly reading. Double check that if you wish with technical support.
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oldsmar52 104 posts msg #52352 - Ignore oldsmar52 |
6/20/2007 1:24:49 PM
you could very well be right...but if you look at one of the stocks the filter returns you'll see that the weekly rsi(2) moves on a daily basis. And the kick to that is...watch what happens to a stock price when the weekly rsi(2) begins a movement upward. Thanks to all you guys for your help, much appreciated...Frank
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oldsmar52 104 posts msg #52472 - Ignore oldsmar52 modified |
6/24/2007 8:57:24 AM
I know you guys will think I've lost it....but...when I ran this filter on 18 June, I saw nothing where the weekly rsi(2) was moving upward off the bottom. This morning I play with the "show past results" button and ran it for 18 June....and I get MANY stocks with that movement off the bottom. Tell me I'm not losing it............Frank
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TheRumpledOne 6,411 posts msg #54336 - Ignore TheRumpledOne modified |
8/25/2007 1:28:34 PM
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TheRumpledOne 6,411 posts msg #54337 - Ignore TheRumpledOne |
8/25/2007 1:32:43 PM
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TheRumpledOne 6,411 posts msg #54338 - Ignore TheRumpledOne |
8/25/2007 1:38:16 PM
If I remember correctly, when you use WEEKLY SF converts days to weeks in that filter line.
Notice column T-1 is same as T-5 and W-1.
TomB, is this accurate?
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