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RSI Moving Average

dhall6938
dhall6938 ✭
in Scanning
Is it possible to write a scan asking for when RSI crosses from below to above it's own MA? Example might be when RSI(14) 1 Day ago is below it's own 20SMA and crosses above it's 20SMA today.

Comments

  • dhall6938
    dhall6938 ✭
    [RSI(14) > SMA(20),RSI(14))] I think that this is it?
  • markd
    markd mod
    Almost.

    If you want the crossover (actually, cross above), use "x" in place of ">".

    Also, you don't need the extra paren after "20".

    So,

    and [RSI(14) x sma(20, RSI(14) ) ]
  • dhall6938
    dhall6938 ✭
    Thank you
  • earlberkun
    earlberkun ✭
    I like to use two statements for more accuracy when doing weekly scans.

    and [1 weeks ago RSI(14) < 1 week ago sma(20, RSI(14) ) ]
    and [ 0 weeks ago RSI(14)> 0 weeks ago sma(20, RSI(14) ) ]

    I don't know how the "x" works with weekly scans.
  • dhall6938
    dhall6938 ✭
    Earl, thanks.
  • markd
    markd mod
    @dhall6938 @earlberkun

    I think you need the "weekly" modifier in earlberkun's scan. Otherwise, it's working with daily data. If daily data is what you want to compare, then it would be better form to say 5 days ago instead of 1 week ago.

    So, for weekly data:

    and [1 week ago weekly RSI(14) < 1 week ago weekly sma(20, weekly RSI(14) ) ]
    and [ weekly RSI(14)> weekly sma(20, weekly RSI(14) ) ]

    or if you want to use the "x" operator

    and [weekly RSI(14) x weekly sma(20, weekly RSI(14)]

    Check your charts carefully to verify the results of either version. They should all meet the criteria.
  • dhall6938
    dhall6938 ✭
    Thanks again. I am using the weekly for now

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