RSI Limit On Close
Author: WT
Creation Date: 8/27/2011 7:52 AM
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WT

#1
Hi Eugene

I am trying to find a way of generating Limit on Close (LOC) orders based on a future value of a two period RSI value. The Larry Connors High Probability ETF Trading RSI Strategy you posted provides a good example. The long rules require the 2 day RSI to fall below 10 for the first Buy at Close trade. Is there a way of calculating or back-implying a limit price buy based on the minimum 2 day RSI value of 10?

Many thanks,
Regards Warren
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Eugene

#2
Hi Warren,

Are you looking for something like this?

RevEngRSI
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WT

#3
Thanks Eugene - exactly what I was looking for!
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Eugene

#4
User fxboom banned for flooding this forum thread with garbage posts.