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Larry Conner's "RSI(2)" Scan
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.
Thanks so much.