New User code

morganj71

Am new to Stock Charts. I have written a few strategies with Ami Broker, but would like to know how to write the following code
1- yesterday's low to be 3% below the yesterdays close, so a sell off
2-RSI(2) to have stayed below RSI(10) for 3 consecutive days

Also, is there a way to scan for Historical Volatility. So i would like the HV100 to be greater than 30 over the past year.

Thanks

markd

Try this for the first part.

[group is sp500]

and [1 day ago low < 1 day ago close * 0.97]

and [max(3, rsi(2)) < min(3,rsi(10))]

I don't see a Historical Volatility indicator on the Technical Indicator drop down list on the advanced scan page. Maybe someone knows a good substitute?

morganj71

Markd
I wrote it in Ami Broker as
HV= StDev(log(c/ref(c,-1)),100)*(252^.5)*100;
And then write hv > 30 for example

One more question. If i wanted the code for the RSI breaking above 10 after being under it for 3 days, how do i write that.

Thanks for taking your time to answer these questions, not just mine, but all the others too. Appreciate it

Jay

markd

It appears the SC scan engine is not as sophisticated (but probably easier to learn for the non-programmer, I'm guessing).

To check for the crossover, just move the "under" condition back a day.

and [1 day ago max(3, rsi(2)) < 1 day ago min(3,rsi(10))]
and [rsi(2) x rsi(10)]

Thanks for the kind words. I learn from it, too. People have interesting ideas.