RSI derivative

[vwsteven]

Hello all,

I am relatively new with EFS programming and I have a question.

Is there any way write a code which gives a signal that when the RSI is below 30, and the first derivative of the RSI becomes positive, that you get a signal?

Thanks for your help

[maxmax68]

Hi vwsteven,
please may you remind us how to calculate in words the first derivative of the RSI.
Thanks

[vwsteven]

hey,
I'm not sure, but I would think that there would be some possibility to see the RSI as a function, and then you can take the first derivative of it.

thanks

[maxmax68]

Hi,
is there any astrophysicist in the forum?
I dusted off the old math book and I found that the first derivative is the slope of the tangent to the curve.
So simplifying the thing when the RSI of the current bar is greater than
the RSI of the previous bar means that the first derivative of RSI becomes positive and you get the signal.
I have attached an example. I hope this is of some use.
Regards
Massimo

[vwsteven]

Hey Massimo,

yea this helps a lot! thank you!

vwsteven

[maxmax68]

vwsteven
glad to hear it.
To the next.
Massimo