This is fine but it is of course indicator specific .
_____ From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf Of droskill Sent: Tuesday, June 10, 2008 4:01 PM To: [email protected] Subject: [amibroker] Re: RSI - calculating an exit I found this as well via a friend from Tomasz himself: //////////////////////////////// // Reverse Engineer RSI //////////////////////////////// Value = Param("RSI value", 39.82, 1, 100, 0.1 ); WildPer = Param("Time periods", 14, 1, 100 ); ExpPer = 2 * WildPer - 1; AUC = EMA( Max( C - Ref( C, -1 ), 0 ), ExpPer ); ADC = EMA( Max( Ref( C, -1 ) - C, 0 ), ExpPer ); x = (WildPer - 1) * ( ADC * Value / (100-Value) - AUC); RevEngRSI = IIf( x >= 0, C + x, C + x * (100-Value)/Value ); Plot( Close, Date()+", Close ", colorBlack, styleCandle ); Plot( RevEngRSI, "Reverse Eng. RSI( "+WriteVal(WildPer,1.0)+", "+ WriteVal(Value, 1.2)+" )", colorGreen ); --- In [EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> ps.com, "Steve Dugas" <[EMAIL PROTECTED]> wrote: > > 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] <mailto:amibroker%40yahoogroups.com> ps.com> > 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] <mailto:amibroker%40yahoogroups.com> ps.com> > > 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] <mailto:amibroker%40yahoogroups.com> ps.com, "Steve Dugas" <sjdugas@> 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" <droskill@> > >>> To: <[EMAIL PROTECTED] <mailto:amibroker%40yahoogroups.com> ps.com> > >>> 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.amibroke <http://www.amibroker.com/devlog/> r.com/devlog/ > >>> > > >>> > For other support material please check also: > >>> > http://www.amibroke <http://www.amibroker.com/support.html> r.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.amibroke <http://www.amibroker.com/devlog/> r.com/devlog/ > >> > >> For other support material please check also: > >> http://www.amibroke <http://www.amibroker.com/support.html> r.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.amibroke <http://www.amibroker.com/devlog/> r.com/devlog/ > > > > For other support material please check also: > > http://www.amibroke <http://www.amibroker.com/support.html> r.com/support.html > > Yahoo! Groups Links > > > > > > > > > _____ I am using the free version of SPAMfighter for private users. It has removed 471 spam emails to date. Paying users do not have this message in their emails. Try SPAMfighter <http://www.spamfighter.com/len> for free now!
