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How can it be done with EFS RSI(5,MA(5,close)); ?

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  • How can it be done with EFS RSI(5,MA(5,close)); ?

    How can it be done with EFS RSI(5,MA(5,close)); ?

  • #2
    youngtrader
    One way is with the Formula Wizard.
    Download and open the attached efs using the Formula Wizard to see how it can be done
    Alex

    Attached Files

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    • #3
      youngtrader
      See this thread for a brief guide on how to create studies on studies using the Formula Wizard
      Alex

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      • #4
        Alex, Thank You, but.........

        Sorry, but I mistyped in my previous post, actually I want to calculate expressions kinda Study (Const, (Study - Const)):

        i.e.: RSI(5,MA(5,close) - 1); ????????

        How can I do it?


        Really thank You for Your answers,

        Hope to get the answer today

        Y.

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        • #5
          Y
          Open the efs using the Formula Wizard and in the Studies Used section click Edit for vSMA5 and in the Function Editor window apply 1 to the Offset. Click OK and Save the formula
          Alex

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          • #6
            I don't need offset I'd like to decrease MA value by constant (one, two, three, 1.354, .7, etc).

            var a = 0;
            a = MA(5,close) - 1.354;
            var b = 0;
            b = RSI(5,a);

            Hope it helps.

            Thank You

            Comment


            • #7
              Y
              In that case you will have to write your own RSI as the builtin studies cannot be calculated on user defined variables at this time.
              You may want to do a Search in the forums or in FileShare (in particular in TSSupport) for RSI scripts that are not based on the builtin study
              Alex

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