Using the rsi to predict how many ticks away are we from the borders (30 / 70) - futures io
futures io futures trading

Using the rsi to predict how many ticks away are we from the borders (30 / 70)

Discussion in NinjaTrader

    1. trending_up 1,122 views
    2. thumb_up 0 thanks given
    3. group 4 followers
    1. forum 2 posts
    2. attach_file 0 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

Using the rsi to predict how many ticks away are we from the borders (30 / 70)

(login for full post details)
  #1 (permalink)
israel tel aviv
Posts: 7 since Jan 2015
Thanks: 8 given, 1 received

I am trying to develop a strategy that will make a use of the RSI borders (the 70 and 30 values of the RSI)
And for that i need to calculate how many ticks will take me to these borders.
For example RSI is now 35.12 and each tick is 0.25, how many ticks will it take to the 35.12 to pass the 70 or the 30 border.
Is it possible to get some kind of measurement for this?
Is there any formula to get this number of ticks?
Thank you very much!

Reply With Quote

Can you help answer these questions
from other members on futures io?
ZigZag with Depth and Backstep
EasyLanguage Programming
Reading A set of Trading Signals
EasyLanguage Programming
Short Interest Ratio indicator?
EL/PL for FOPs?
EasyLanguage Programming
Neurological explanations for trading Success
Psychology and Money Management
Best Threads (Most Thanked)
in the last 7 days on futures io
Battlestations: Show us your trading desks!
124 thanks
Big Mike in Ecuador
61 thanks
Want your NinjaTrader indicator created, free?
28 thanks
If you needed one-on-one help with any trading issue, ho …
26 thanks
Selling Options on Futures?
21 thanks
(login for full post details)
  #2 (permalink)
Experience: Intermediate
Platform: NinjaTrader, MarketDelta
Trading: 6J, CL, GC
Sim22's Avatar
Posts: 43 since May 2010
Thanks: 52 given, 122 received

This isn't code for you but have a look here:

Reply With Quote
(login for full post details)
  #3 (permalink)
Gits (Hooglede) Belgium
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
rleplae's Avatar
Posts: 2,991 since Sep 2013
Thanks: 2,437 given, 5,801 received

The answer will be different if it has to happen in Bar + 1, Bar + 2 or Bar +3 ... etc
as the average is being calculated on the bars

As the RSI is being built using :

RSI = 100 - 100/(1 + RS*)
*Where RS = Average of x days' up closes / Average of x days' down closes.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote

futures io Trading Community Platforms and Indicators NinjaTrader > Using the rsi to predict how many ticks away are we from the borders (30 / 70)

Last Updated on December 26, 2015

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!


Battlestations! Show us your trading desk - $1,500 in prizes!


Importance of Finding Your Own Way w/Adam Grimes

Elite only

Journal Challenge w/Jigsaw


Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts