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RSI and Price Exploration

RSI and Price Exploration

- RSI has been going up for three days
- RSI three days ago was higher than lowest RSI in past 14 days
- Close of three days ago was lower than lowest close of the prior 14 days will look something like this:


RSI Exploration

Ref(RSI(14),0) > Ref(RSI(14),-1) AND
Ref(RSI(14),-1) > Ref(RSI(14),-2)AND
Ref(RSI(14),-2) > Ref( LLV(RSI(14),14),-3)



Price Exploration

AND Ref(CLOSE,-2) < Ref(LLV(CLOSE,14),-3)

{or REF(C,-2) = REF(LLV(C,14),-2)}


from Frans Derksen and Adam Hefner
Source / From: TOP

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