StockFetcher Forums · Filter Exchange · Yet another RSI(2) thread. What am I missing?<< >>Post Follow-up
sammyn
81 posts
msg #141264
Ignore sammyn
1/22/2018 8:12:24 PM

Noob here. Been recently studying the RSI(2) method. Please comment, on your thoughts.

I'm looking for a filter to enter a trade on a recent pullback. My thoughts are to have:
RSI(2)<30 3 days ago
RSI(2)<45 2 days ago
RSI(2)<45 1 days ago
And today, it rose above 45

Here is what I'm coming up with (how do I make it clickable?)

// RSI(2) filter that is coming off the bottom, and crossing above 45
RSI(2) 3 days ago < 30
RSI(2) 2 days ago < 45
RSI(2) 1 days ago < 45
and RSI (2) > 45
and close > 4 and average volume(50) > 500,000
and close > EMA(200)
and EMA(20) > EMA(200)
and EMA(50) > EMA(200)
and open is above close 1 day ago
and draw Stochastic %K(12,3,3)

Thoughts on producing stronger buys?



four
5,071 posts
msg #141265
Ignore four
1/22/2018 8:57:53 PM

clickable
https://www.stockfetcher.com/forums/General-Discussion/How-to-make-it-CLICKABLE/100442/-1/100442

graftonian
795 posts
msg #141268
Ignore graftonian
1/22/2018 9:14:10 PM

I added a few more restrictions on RSI2 and a Stoch filter.

Fetcher[
// RSI(2) filter that is coming off the bottom, and crossing above 45
RSI(2) 3 days ago < 30
RSI(2) 2 days ago < 45
rsi(2) 2 days ago > rsi(2) 3 days ago
RSI(2) 1 days ago < 45
rsi(2) 1 day ago > rsi(2) 2 days ago
and RSI (2) crossed above 45
and close > 4 and average volume(50) > 500,000
and close > EMA(200)
and EMA(20) > EMA(200)
and EMA(50) > EMA(200)
and open is above close 1 day ago
and draw Stochastic %K(12,3,3)
days(stochastic %K(12,3,3) < stochastic %D(12,3,3), 20) < 5
]



sammyn
81 posts
msg #141270
Ignore sammyn
1/22/2018 9:53:47 PM

Nice. Here is an update using some of your tweaks

Fetcher[
// RSI(2) filter that is coming off the bottom, and crossing above 45
RSI(2) 3 days ago < 30
RSI(2) 2 days ago < 45
RSI(2) 1 days ago < 45
and RSI (2) crossed above 45
and close > 4 and average volume(50) > 500,000
and close > EMA(20)
and EMA(20) > EMA(50)
and EMA(50) > EMA(200)
and EMA(50) > EMA(50) 1 days ago

and stochastic %K(12,3,3) > stochastic %K (12,3,3) 1 days ago

and draw Stochastic %K(12,3,3)
and beta is above 1


]



StockFetcher Forums · Filter Exchange · Yet another RSI(2) thread. What am I missing?<< >>Post Follow-up

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