RSI Cumulative Easy Language code

September 29th, 2015, 04:39 PM

Hi,

Can someone help me write a code for a Larry Connors system that adds a series of daily RSIs?

The code I am looking for would allow me to test a cumulative RSI (Close, 2) for x days (x from 1 to 5, for instance)

What I am doing is writing the lengthy code, like this one below, and adding one day at a time ...

RSI_Cumulative = RSI(Close, 2) + RSI(Close[1], 2) + etc

Thanks,

September 30th, 2015, 07:58 PM

Hi,

RSI_Cumulative=0

For i=1 to x begin
RSI_Cumulative = RSI_Cumulative + RSI(Close[i-1],2)
End

October 1st, 2015, 12:49 PM

Thanks for your reply
I tried to put the piece of code in my formula but it is still not working
Here is the full code I am writing
Can you help me spot my mistake and ways to improve it?
Thanks,

Inputs:
RSI_Days (5),
OVSold (40),
OVBought (160);

Vars:
BullMarket (False),
RSI_Cumulative (0);

BullMarket = Close > Average (Close, 200);

RSI_Cumulative = RSI (Close, 2);

For i=2 to RSI_Days begin
RSI_Cumulative = RSI_Cumulative + RSI(Close[i-1],2)
End ;

If BullMarket and RSI_Cumulative < OVSold then buy next bar at market;

If (BullMarket = False) and RSI_Cumulative > OVBought then sellshort next bar at market;

If Marketposition = 1 then Begin
If RSI (Close, 2 ) > 65 then sell next bar at market;
end;

If Marketposition = -1 then Begin
If RSI (Close, 2 ) < 20 then buytocover next bar at market;
end;

Setstoploss (StopL);

October 1st, 2015, 01:31 PM

Hi,

You have to declare i, in vars:

Vars:

i(1);

Also if you want to consider the last bar you should initialize it for i=1. That way you would include RSI(Close[0],2), the last bar calculation.

October 6th, 2015, 08:03 PM

Thanks

December 18th, 2015, 01:33 PM

Hi,

have anyone backtest a strategy based on this RSI before?

RSI Cumulative Easy Language code

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RSI Cumulative Easy Language code