Wern, I think this will work for you. You'll need to use the scan feature. It
is also going to compute a universe count for you as well. You can of course
tweak the universe parameters any way you like.
Regards,
Wood
Buy = Sell = 0;
Universe = 0;
RSI2Count = 0;
AV10=MA(V,10);
RSI2=RSI(2);
// Scan and Count Universe
for (i=1; i<BarCount; i++)
{
if (C[i]>1 AND AV10[i]>100000)
Universe[i] = Universe[i] + 1;
}
AddToComposite (Universe, "~Universe", "X");
Plot ( Foreign("~Universe", "X"), "Universe",6,1);
// Scan and Count RSI2 > 90
for (i=1; i<BarCount; i++)
{
if (C[i]>1 AND AV10[i]>100000 AND RSI2>90)
RSI2Count[i] = RSI2Count[i] + 1;
}
AddToComposite (RSI2Count, "~RSI2Count", "X");
Plot ( Foreign("~RSI2Count", "X"), "RSI2Count",6,1);
--- In [email protected], "wernkra" <wk...@...> wrote:
>
> Hi there,
>
> is there a way to count the number of stocks which are at a certain RSI(2)
> threshold?
> I'd like to plot the number of stocks with RSI(2) > 90.
>
> I guess that could be done with AddtoComposite.
>
> How would I do that?
>
> Thanks.
>
> Wern
>