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

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
profile picture

Eugene

#2
Hi Warren,

Are you looking for something like this?

RevEngRSI
profile picture

WT

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

Eugene

#4
User fxboom banned for flooding this forum thread with garbage posts.
This website uses cookies to improve your experience. We'll assume you're ok with that, but you can opt-out if you wish (Read more).