RSI below/over 40

• 05/24/2019 at 11:12 PM #99402
  Geons

  Hi! I want a little help to write this one as an indicator:

  If a 14-day RSI fluctuates between 40 and 100 for at least 14 days, then return 1,
  If a 14-day RSI moves below 40, then return -1

  Thanks!

  

  Geons

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  05/25/2019 at 12:41 AM #99403
  robertogozzi

  Try this (not tested):

  MyRsi = Rsi[14](close) Result = -1 IF summation[14](MyRsi >= 40) = 14 THEN Result = 1 ENDIF RETURN Result,0

  1 2 3 4 5 6

  MyRsi  = Rsi[14](close) Result = -1 IF summation[14](MyRsi >= 40) = 14 THEN    Result = 1 ENDIF RETURN Result,0

   

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  Geons

  

  robertogozzi

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  05/27/2019 at 8:57 AM #99497
  Geons

  Thank you! It works!!

  

  Geons

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