StockFetcher Forums · Filter Exchange · Need a filter (will pay fo it)<< >>Post Follow-up
paramedic1978
1 posts
msg #135285
Ignore paramedic1978
4/5/2017 4:51:28 PM

Hi folks,

I need a filter for a very quick test. Because I have no experience, I'm willing to pay for it via Paypal:

So if somebody is interested, please email me to: "info at tarifmaster.de"

The filter:
-if current candle is lowest low of last 5 candles, calculate at this candle
a= high-low
b= a/4
c=High - b

if closing-price of the last candle is at or above "c",

then check if closing-price > SMA 50 AND
closing-price > 50% of RSI 8


-if current candle is highest high of last 5 candles, calculate at this candle
a= high-low
b= a/4
c=Low + b

if closing-price of the last candle is at or below "c",

then check if closing-price < SMA 50 AND
closing-price < 50% of RSI 8


Thanks a lot...
Swen

Kevin_in_GA
4,599 posts
msg #135296
Ignore Kevin_in_GA
4/6/2017 10:11:18 AM

closing-price < 50% of RSI 8
+++++++++++++

Not sure what you are trying to do here. The RSI(8) is a normalized indicator (runs from 0 to 100), and is not the same as a price, which is unbounded. Example - AAPL currently trades at $144, but it's RSI(8) value is 68.17.

Do you mean that the RSI(8) value needs to be below 50?

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