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rising \| falling? #423939 06/08/13 13:17 06/08/13 13:17
Joined: Apr 2013 Posts: 107 UK G Geek OP Member
Geek OP Member G Joined: Apr 2013 Posts: 107 UK	I have read about "rising \| falling" in the manual but there is not an example code to go by..... Basically how would I go about implementing this for the below? Quote: If (RSI(Close,14) > 70 \| < 75 && the RSI value has been falling when the RSI(Close,14) was > 80. enterShort(); Is this possible jcl? As to me this would indicate the RSI value has peaked from 80 and is now maybe on it's way down ...so a signal for a short.. As sometimes when just using > RSI 70 the underling trend could mean it has not peaked and could be on it's way to > RSI 90.. Thanks. Last edited by Geek; 06/08/13 13:53.

Re: rising \| falling? [Re: Geek] #424117 06/10/13 18:15 06/10/13 18:15
Joined: Apr 2013 Posts: 107 UK G Geek OP Member
Geek OP Member G Joined: Apr 2013 Posts: 107 UK	Here is my follow up attempt but I don't think it works. Still learning. bool rising = series(RSI(Close,14)); bool falling = series(RSI(Close,14)); ////////////////////////////////////////// && RSI(Close,14) < 30 && rising) && RSI(Close,14) > 70 && falling)

Re: rising \| falling? [Re: Geek] #424124 06/10/13 19:41 06/10/13 19:41
Joined: May 2013 Posts: 245 S swingtraderkk Member
swingtraderkk Member S Joined: May 2013 Posts: 245	geek, have a look at the syntax for peak and valley in workshop tutorial 4. the syntax is the same, but I think you are looking for peak.

Re: rising \| falling? [Re: swingtraderkk] #424131 06/10/13 23:22 06/10/13 23:22
Joined: Apr 2013 Posts: 107 UK G Geek OP Member
Geek OP Member G Joined: Apr 2013 Posts: 107 UK	Thanks, Yes, I have already implemented peak and valley using the lowpass filter in previous script learning but surely this is not the same as rising, falling for a indicator value as described in my 1st post? Then again, maybe it is? But then why have rising and falling in the manual if so? Last edited by Geek; 06/10/13 23:36.

Re: rising \| falling? [Re: Geek] #424140 06/11/13 08:21 06/11/13 08:21
Joined: May 2013 Posts: 245 S swingtraderkk Member
swingtraderkk Member S Joined: May 2013 Posts: 245	my point is that the syntax is the same.

Re: rising \| falling? [Re: swingtraderkk] #424148 06/11/13 09:27 06/11/13 09:27
Joined: Jul 2000 Posts: 27,986 Frankfurt jcl Chief Engineer
jcl Chief Engineer Joined: Jul 2000 Posts: 27,986 Frankfurt	Here's the missing example: Code: function run() { ... vars Price = series(price()); if(rising(Price)) enterLong(); else if(falling(Price)) enterShort(); }

Re: rising \| falling? [Re: jcl] #424150 06/11/13 09:38 06/11/13 09:38
Joined: Apr 2013 Posts: 107 UK G Geek OP Member
Geek OP Member G Joined: Apr 2013 Posts: 107 UK	Ok, I get it, thanks swingtraderkk and also jcl for the missing example. Appreciated.

Re: rising \| falling? [Re: Geek] #424155 06/11/13 10:52 06/11/13 10:52
Joined: May 2013 Posts: 245 S swingtraderkk Member
swingtraderkk Member S Joined: May 2013 Posts: 245	jcl, how do peak, valley, rising falling work? Clearly they compare the current value in the series to previous values, but to how many previous values, and is there any smoothing or other processing techniques applied?

Re: rising \| falling? [Re: swingtraderkk] #424156 06/11/13 11:24 06/11/13 11:24
Joined: Jul 2000 Posts: 27,986 Frankfurt jcl Chief Engineer
jcl Chief Engineer Joined: Jul 2000 Posts: 27,986 Frankfurt	No, they just compare the last 2 resp. 3 values. For smoothing the series should be used, not the comparison functions.

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