Great stuff - just a clarification - so if I'm doing an RSI calculation, I would put in the formula for RSI (100-100/RS+1 or something like that), and NOT use RSI (the default indicator)?
--- In [email protected], "Steve Dugas" <[EMAIL PROTECTED]> wrote: > > That sounds like a job for Fred's "Price Predictor" code ( thanks Fred! ). I > have attached it below, you will probably just need to plug your own values > into the Calc and Goal statements. > > Steve > _________________________________ > > You supply: > > - The array in the first statement ( Assumedly Price ) > - The Indicator in the Calc = statement > - The Goal in the Goal = statement > > ... It will return in Explore the value needed in the array in the > next bar to have the indicator meet the goal in the next bar. > > This is set up for use with a typical MACD but can be easily modified > for use with any indicator you can design. > > P0 = Close; > > Acc = 0.00001; > > LVBI = LastValue(BarIndex()); > Mult = 1; > > for (i = 0; i < 10; i++) > { > If (P0[LVBI] >= 1) > i = 99; > else > { > P0 = P0 * 10; > Mult = Mult * 10; > } > } > > P1 = Ref(P0, 1); > UpDn = 100 * P1[LVBI]; > > for (i = 0; i < 200; i++) > { > Calc = EMA(P1,12)-EMA(P1,26); > Goal = EMA(EMA(P1,12)-EMA(P1,26),9); > > if (Calc[LVBI] < Goal[LVBI]) > P1[LVBI] = P1[LVBI] + UpDn; > else > P1[LVBI] = P1[LVBI] - UpDn; > UpDn = UpDn / 2; > if (UpDn <= Acc) > { > j = i; > i = 99999; > } > } > > Accuracy = 100 * (abs(Goal[LVBI] - Calc[LVBI]) / Goal[LVBI]); > > Filter = BarIndex() == LVBI; > > AddColumn(Mult, "Multiplier", 1.0); > AddColumn(Calc[LVBI - 1] / Mult, "Curr Ind Val", 1.9); > AddColumn(Goal / Mult, "Goal Ind Val", 1.9); > AddColumn(Calc / Mult, "Calc Ind Val", 1.9); > AddColumn(j, "Iterations", 1.0); > AddColumn(Accuracy, "Accuray (%)", 1.9); > AddColumn(Ref(P1, -1) / Mult, "Current Array", 1.9); > AddColumn(P1 / Mult, "Needed Array", 1.9); > > > ----- Original Message ----- > From: "droskill" <[EMAIL PROTECTED]> > To: <[email protected]> > Sent: Tuesday, June 10, 2008 1:22 PM > Subject: [amibroker] RSI - calculating an exit > > > > Let's say that I've got a defined RSI level for an exit - and I'd like > > to calculate a target based on that so I can have a stop order in the > > market at a specific target. Is there anyway for me to calculate what > > the price would be on a given RSI level? > > > > Thanks! > > > > > > ------------------------------------ > > > > Please note that this group is for discussion between users only. > > > > To get support from AmiBroker please send an e-mail directly to > > SUPPORT {at} amibroker.com > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > http://www.amibroker.com/devlog/ > > > > For other support material please check also: > > http://www.amibroker.com/support.html > > Yahoo! Groups Links > > > > > > > > >
