StockFetcher Forums · Filter Exchange · Is it possible to Plot a Zerobar for RSI(30) with RSI(30) value = 0 and bars above and below the zero line<< >>Post Follow-up
davesaint86
510 posts
msg #135063
Ignore davesaint86
3/22/2017 2:53:08 PM




set{CRSI_30_Bar,RSI(30)}
draw CRSI_30_Bar
PlotType{CRSI_30_Bar,zerobar}

Kevin_in_GA
4,599 posts
msg #135064
Ignore Kevin_in_GA
3/22/2017 3:18:30 PM

Can RSI be negative? I don't think it can.

davesaint86
510 posts
msg #135066
Ignore davesaint86
modified
3/22/2017 3:59:22 PM

No. Marty Chenard from stocktiming.com somehow in his charts has taken the RSI(30) and designated RSI(30) the zero line. So 13 would actually be RSI(30) value of 63. I guess another to this this would be RSI(30) equal to would be the neutral line with readings above being bullish and readings below being bearish.

http://www.stocktiming.com/SuperAcceleratorModel.htm

Kevin_in_GA
4,599 posts
msg #135067
Ignore Kevin_in_GA
3/22/2017 4:02:04 PM

Then you need to simply create a new user-defined variable that looks like this

set{normalizedRSI, RSI(30) - 50}

that will give you what you want.

davesaint86
510 posts
msg #135074
Ignore davesaint86
3/22/2017 9:10:28 PM

Thanks Kevin!

Fetcher[
apply to symlist(aapl,xiv)

set{RSI30, RSI(30) - 50}
set{CRSI_Bar, RSI30}
draw CRSI_Bar
PlotType{CRSI_Bar,zerobar}

set{RSI9, RSI(9) - 50}
set{RSI9_line, RSI9}
draw RSI9 on plot CRSI_Bar
]



StockFetcher Forums · Filter Exchange · Is it possible to Plot a Zerobar for RSI(30) with RSI(30) value = 0 and bars above and below the zero line<< >>Post Follow-up

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