Woodshedder,
thanks for your remarks and the code. Really appreciated.
There is a mistake though (and I could not fix it, unfortunately).:
<< // 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; <<<
"Error 6. Condition in IF, WHILE, FOR statements has to be Numeric or Boolean
type. You can not use array here, please use [] (array subscript operator) to
access array elements"
Can anyone fix this?
Thanks.
Wern
--- In [email protected], "woodshedder_blogspot"
<woodshedder_blogs...@...> wrote:
>
> 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" <WKRAG@> 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
> >
>