StockFetcher Forums · General Discussion · RSI Divergence<< 1 2 3 >>Post Follow-up
TheRumpledOne
6,411 posts
msg #39362
Ignore TheRumpledOne
12/4/2005 5:02:24 PM

I don't see lower prices making higher rsi(2) using your filter, Way.. am I missing something?


Way2Late
37 posts
msg #39363
Ignore Way2Late
12/4/2005 5:32:58 PM

Well right now, it returns 2 matches, SNDA and COGT

SNDA low RSI on 11/15 .671 Price 18.73
Friday RSI 1.38 Price 17.04

COGT low RSI on 11/15 .140 Price 23.52
Friday RSI 1.70 Price 23.02

One day ago it returned WYE and COGN

WYE low RSI on 11/16 of .595 Price 42.71
Thursday RSI .647 Price 41.56

COGN Low RSI on 11/11 of .768 Price 33.57
Thursday RSI 1.74 Price 32.91

Exactly what divergence is all about.

Don't know what you're confused about?





riggs
313 posts
msg #39421
Ignore riggs
12/7/2005 1:08:12 AM

Way2close -

Sorry man, but that is NOT divergence. SNDA & COGT is NOT showing any divergence! I dont care WHAT the fractions say. If you cant SEE divergence, it's just not there period. Better check out TRO'S 2 filters in this thread. THAT'S DIVERGENCE with all do respect.

RIGGS


TheRumpledOne
6,411 posts
msg #41943
Ignore TheRumpledOne
3/12/2006 4:34:40 PM

POP TO THE TOP


WALLSTREETGENIUS
983 posts
msg #41947
Ignore WALLSTREETGENIUS
3/12/2006 6:08:55 PM

Speaking of "POP".......


**** RSI(2) DIVERGENCE & ACCUMULATION WARM "POP-80" ****


Fetcher[close is above 20
close is below open
RSI(2)is above RSI(2)2 days ago
and RSI(2)is decreasing 1 day
60-day slope of close is above 0
Do not draw 60-day slope of close
Draw EMA(13)
Set{Bullpower, high minus ema(13)}
Set{Bearpower, low minus ema(13)}
set{BLb,days(BullPower is above BullPower 1 day ago,100)}
set{BLa,days(BullPower is below BullPower 1 day ago,100)}
set{BLxBL, BLa - BLb}
set{BRb,days(BearPower is above BearPower 1 day ago,100)}
set{BRa,days(BearPower is below BearPower 1 day ago,100)}
set{BRxBR, BRa - BRb}
Draw Bullpower
Draw Bearpower
add column BLxBL
add column BRxBR
Draw Bullpower
Draw Bearpower
average volume(90)is above 100000
volume is above 100000
sort column 2 descending
offset 1 days


/* MP CCIWLR ANALYZER DISPLAY */

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE momentum(12) */

set{moval, INDPOSITION(momentum(12), 60) * 100}

/* NORMALIZE CCI(14) */

set{ccval, INDPOSITION(CCI(14), 60) * 100 }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) * 100 }


/* DRAW THE MP CCIWLR CHART */

and draw wrval
and draw adval on plot wrval
and draw moval on plot wrval
and draw ccval on plot wrval

add column adval
add column ccval
add column moval
add column wrval

adval is above 80
ccval is below 30
moval is below 30
wrval is below 30
]





RIGGS







TheRumpledOne
6,411 posts
msg #41953
Ignore TheRumpledOne
modified
3/12/2006 7:50:11 PM

Fetcher[
close is above 20
close is below open
RSI(2)is above RSI(2)2 days ago
and RSI(2)is decreasing 1 day
60-day slope of close is above 0
Do not draw 60-day slope of close
Draw EMA(13)
Set{Bullpower, high minus ema(13)}
Set{Bearpower, low minus ema(13)}
set{BLb,days(BullPower is above BullPower 1 day ago,100)}
set{BLa,days(BullPower is below BullPower 1 day ago,100)}
set{BLxBL, BLa - BLb}
set{BRb,days(BearPower is above BearPower 1 day ago,100)}
set{BRa,days(BearPower is below BearPower 1 day ago,100)}
set{BRxBR, BRa - BRb}
Draw Bullpower
Draw Bearpower
add column BLxBL
add column BRxBR

average volume(90)is above 100000
volume is above 100000
sort column 2 descending



/* MP CCIWLR ANALYZER DISPLAY */

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE momentum(12) */

set{moval, INDPOSITION(momentum(12), 60) * 100}

/* NORMALIZE CCI(14) */

set{ccval, INDPOSITION(CCI(14), 60) * 100 }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) * 100 }
/* NORMALIZE rsi(2) */

set{rsval, RSI(2) }

set{nd2,count( close below close 2 days ago,1) * count( rsi(2) above rsi(2) 2 days ago,1)}

set{nd3,count( close below close 3 days ago,1) * count( rsi(2) above rsi(2) 3 days ago,1)}

set{nd4,count( close below close 4 days ago,1) * count( rsi(2) above rsi(2) 4 days ago,1)}

Set{n2, nd4 * 10}
Set{n3, nd3 * 100}
Set{n4, nd2 * 1000}

set{na, n2 + n3}
Set{PD2345, na + n4}



/* DRAW THE MP RSIWLR CHART */

and draw wrval
and draw adval on plot wrval
and draw moval on plot wrval
and draw rsval on plot wrval
and draw ccval on plot wrval

add column PD2345

add column wrval
add column adval
add column rsval
add column moval
add column ccval

adval is above 80
ccval is below 30
moval is below 30
wrval is below 30

]



Here's the RIGG's filter without the offest and with the PD2345 column display so you know when the divergence occurred.

MAY ALL YOUR FILLS BE COMPLETE.


kanuk
32 posts
msg #42238
Ignore kanuk
modified
3/19/2006 7:56:17 PM

TRO:
I noticed that your P2345 column entry does not include divergences in the 5th day. Does this mean that you don't regard info 5 days ago as being important? By definition, positive divergence is determined by decreasing price and increasing RSI(2) + a volume spike. My question is this: in your opinion how many days should we look for the decreasing price-increasing RSI(2) scenario with accompanying volume spike on the current day?

thank you



TheRumpledOne
6,411 posts
msg #42242
Ignore TheRumpledOne
modified
3/19/2006 8:36:32 PM

I have 3 filters.. 2 - 5 day, 6 - 9 day, 10 - 13 day divergence.

Not sure what you mean about no 5 day divergence?!?!?!?

Can you give me a stock that should show 5 day PD that doesn't?

Post your version of the filter so I can see if I can fix it.

How many days..??

Doesn't matter! The divergence is there, so if you have to "trade" the stock from that point.

You need entry criteria.






kanuk
32 posts
msg #42249
Ignore kanuk
3/19/2006 9:00:05 PM

TRO:
In your 'magnifying glass' post of 3/12/2006 7:50:11PM I was looking for coding for divergence 5 days ago. I saw, via your set commands, coding for 2,3 and 4 days but not for the 5th day


TheRumpledOne
6,411 posts
msg #46809
Ignore TheRumpledOne
9/9/2006 3:29:01 PM

Pop to the Top


StockFetcher Forums · General Discussion · RSI Divergence<< 1 2 3 >>Post Follow-up

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