Oh BTW ( this is getting to be a habit 8 - )...you don't really need to run it throught the explorer every time - for my own convenience I have removed all the AddColumn's and just added Needed Array ( P1/Mult ) to the Title of my charts.
Steve ----- Original Message ----- From: "Steve Dugas" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Tuesday, June 10, 2008 2:27 PM Subject: Re: [amibroker] Re: RSI - calculating an exit >I would probably try something like this.... > > Calc = RSI( 14 ); // i.e., whatever formula you are using to define your > RSI > Goal = 30; // i.e., the RSI value where you want to set your stop > > Steve > > ----- Original Message ----- > From: "droskill" <[EMAIL PROTECTED]> > To: <[email protected]> > Sent: Tuesday, June 10, 2008 2:08 PM > Subject: [amibroker] Re: RSI - calculating an exit > > >> 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 >>> > >>> > >>> > >>> > >>> >> >> >> >> ------------------------------------ >> >> 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 >> >> >> >> > > > > ------------------------------------ > > 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 > > > >
