Bearish RSI Screener Modification?

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  • #222917 quote
    IAmShareCrazy
    Participant
    New
    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 quote
    robertogozzi
    Moderator
    Legend
    /////////////////////////////////////////////////////////////////
    timeframe (1 day)
    //C1 = DivergenceRSI[5,30,70,20](close[0]) = 1
    C2 = DivergenceRSI[5,30,70,20](close[0]) = -1
    SCREENER[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))
    Result = 0
    if CondRibassista then
    Result = -1
    endif
    //
    //if CondRialzista then
    //Result = 1
    //endif
    
    SCREENER[CondRibassista](Result as "Go")
    /////////////////////////////////////////////////////////////////////////////////
    IAmShareCrazy thanked this post
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Bearish RSI Screener Modification?


ProScreener: Market Scanners & Detection

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
2 years, 10 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 10/25/2023
Status: Active
Attachments: No files
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