Tuesday 6 September 2011

rsi


from a kind LSE forum txter it seems that the rsi is an indicator often used, a little digging and obtaining the logic, and a late night and my system is updated with this as well as incorporated into my newest alpha

still going through the results but all the companies checked until now follow an upward trend post signal for this new alpha

to the right is a random company XCH with the RSI the last chart superimposed onto the close price (black) for reference

there is a slight dip post buy signal at the moment on this company that needs ironing out but it is still in development

this alpha did though signal a buy at the start of an almost 100% increase in the stock price so things are looking up

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