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RSI Divergence Trading System
 

RSI Divergence Trading System

Buy:

If(RSI(9) >= HHV(RSI(9),19) AND CLOSE <HHV(CLOSE,19), 1,0) OR
If(CLOSE <= LLV(CLOSE,19) AND RSI(9) > LLV(RSI(9),19), 1,0)

Sell:

If(CLOSE >= HHV(CLOSE,19) AND RSI(9)<HHV(RSI(9),19),1,0) OR
If(RSI(9) <= LLV(RSI(9),19) AND CLOSE > LLV(CLOSE,19),1,0)

 

e-st-RSI_Divergence_Trading_System.gif
 
Substitute any formula for the "RSI(9)" in the above.

Mike Arnoldi
Source / From: TOP
http://www.guppytraders.com

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