Larry Conner's "RSI(2)" Scan

Joujou

In Published Scans (ChartSchool : http://stockcharts.com/school/doku.php?st=*+scan&id=chart_school:scan_library:published_scans:published_scans), there is a scan named : Larry Conner's "RSI2" Scan.
Here it is:

[type = stock]
and [today's SMA(20,volume) > 40000]
and [today's SMA(60,close) > 20]
and [today's close > today's SMA(200,close)]
and [5 x today's RSI(2)]

The scan syntax is correct but the last line seems weird. Can someone explain to me what the number "5" means?
And if it has meaning, where can I find the syntaxe rule of this form of coding?
Thanks a lot for your help.

gord

Joujou, here's the link to the details and analysis of the RSI2 scan, for buy and sell signals.

http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:rsi2

RSI is a bounded oscillator with a max of 100 and a min of 0.

With respect to the clause; "and [5 x today's RSI(2)]", this clause is part of the Buy signal scan. The Sell signal scan uses the clause " and [today's RSI(2) x 95]".

So in the Sell signal scan the clause "and [today's RSI(2) x 95]", means the RSI(2) has crossed above 95, overbought, (or from the other point of view, 95 has crossed below RSI(2)).

So in the Buy signal scan the clause "and [5 x today's RSI(2)]", means 5 has crossed above RSI(2), (or from the other point of view, RSI(2) has crossed below 5, oversold).

hope this helps

cheers Gord

Joujou

Your explanation was crystal clear!
Thanks so much.
Joujou