I am trying to screen all tickers where RSI goes above 30 after deeping below 25 so it give me tickers which are over-sold but now showing some support.
RSI[14](close)[1] < 25
AND CrossOver(RSI[14](close), 30) // this is giving me error.
JSParticipant
Senior
Hi,
Here is the indicator…
I’ve added an extra condition: between the period when RSI < 25 and RSI > 30, there may be a maximum of 5 bars in between (Once MaxBarsSince = 5)…
You can adjust this number (5) as you like…
Once MaxBarsSince=5
xRSI=RSI[14](Close)
xBars=BarsSince(xRSI<25)
c1=xRSI crosses over 30
Signal=c1 and xBars<=MaxBarsSince
Screener[Signal](xRSI as "RSI")