RSI(2) based eod short term afl by

[drpragnesh40]

any one can help in solving connors rsi error in amibroker 5.3

 

[drpragnesh40]

any one can help in solving connors rsi afl erro in version 5.3 [email protected]

 

[abdel01s]

Please, can any body correct this afl to work on ami5.3, i use ami5.3 portable...
thanks in advance...

 

[rvlv]

Hi
the error is due to percentrank .
just see the hint given by Kelvinhand.

use the code for percentrank in detail

//percentrank function from ami 5.6
function PercentRank( Data, Periods)
{
Count = 0;
for ( i = 1; i <= Periods ; i++ )
{
Count += Data > Ref( Data, -i );
}
return 100 * Count / Periods;
} 

function 
ConnorsRSI(lenRSI, lenUD, lenROC)
{upDays = BarsSince(C <=Ref(C,-1));
downDays = BarsSince(C >= Ref(C,-1));
updownDays = IIf(upDays> 0, upDays, IIf(downDays > 0,-downDays, 0));
crsi = (PercentRank(ROC(C,1),lenROC) + RSIa(updownDays,lenUD) + RSI(lenRSI))/3;
return crsi;
}

 

[adesara]

You may download the afl from this link.

http://www.marketcalls.in/amibroker/larry-connors-rsi-amibroker-afl-code.html

 

[rvlv]

hi
marketcall.in is a horrible thing. to get a small useless afl, you need to enter facebook,twitter and all nonsense.Sales piching or advertising .
It is simply not worth.

most of the things there on marketcalls site are borrowed from other places, do not work nor have an edge.
a friend of mine used supertrend thing and lost money heavily as the the thing couldnot do right in changing mkt conditions.

connors research themselves released the afl to public.

Above all just think and answer this to yourself.
Would you trade a high power primary trend or just go for umpteen number of minor trend reversals?
Counter trend traders have far less success than trend traders.
want those confusing minor reversals? then go for Rsi2 thing.
It is not worth the trouble