Bearish RSI Screener Modification?

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  • #222917
    How to turn these into bearish screeners? Many thanks.
    /////////////////////////////////////////////////////////////////
    timeframe (1 day)
    C1 = DivergenceRSI[5,30,70,20](close[0]) = 1
    C2 = DivergenceRSI[5,30,70,20](close[0]) = 1
    SCREENER [ C1OR C2 ] ( DivergenceRSI[5,30,70,20](close[0]) as “RSI Div” )
    //////////////////////////////////////////////////////////////

     

     

    //RSI Divergences Screener By Frank (Francesco)/////////////////////////////////////////////////////////////

    //Variables:
    //number of bars to calculare RSI value
    RsiPeriod = 10

    //Oversold Level
    RsiOverSold = 30

    //OverBought Level
    RsiOverBought = 70

    //Minimum distance from two consecutive RSI Highs or RSI Lows
    MinBarRange = 3

    MyRSI = rsi[RsiPeriod](Close)

    RsiMax = MyRSI < MyRSI[1] and MyRSI[1] > MyRSI[2] and MyRSI[1] > RsiOverBought
    RsiMin = MyRSI > MyRSI[1] and MyRSI[1] < MyRSI[2] and MyRSI[1] < RsiOverSold

    if RsiMax then
    RSIMax1 = MyRSI[1]
    High1 = High[1]

    for I = MinBarRange to 80
    if RsiMax[I] then
    RSIMax2 = MyRSI[I + 1]
    High2 = High[I + 1]
    break
    endif
    next
    endif

    CondRibassista = RsiMax and ((High1 > High2 and RSIMax1 < RSIMax2) or (High1 < High2 and RSIMax1 > RSIMax2))

    if RsiMin then
    RSIMin1 = MyRSI[1]
    Low1 = Low[1]
    for I = MinBarRange to 80
    if RSIMin[I] then
    RSIMin2 = MyRSI[I + 1]
    Low2 = Low[I + 1]
    break
    endif
    next
    endif

    CondRialzista = RsiMin and ((Low1 < Low2 and RSIMin1 > RSIMin2) or (Low1 > Low2 and RSIMin1 < RSIMin2))

    if CondRibassista then
    Result = -1
    endif

    if CondRialzista then
    Result = 1
    endif

    SCREENER[CondRibassista or CondRialzista] (Result as “Go”)

    /////////////////////////////////////////////////////////////////////////////////
    #222919

     

    1 user thanked author for this post.
Viewing 2 posts - 1 through 2 (of 2 total)

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