OmniTrader Forum - OmniTrader 2021 Technical Support About RSI

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Gerry Posts: 277 Joined: 12/24/2003 Location: Lewiston, Maine 04240 User Profile	Subject : About RSI Posted : 8/11/2021 7:00 AM Post #48236 Hello, How would one go about creating a scan whereby the RSI(14) 1 bar ago was higher than 70 and on this current bar that reading is lower than it's prior reading and on the reverse if the RSI(14) is at 30 or lower on the prior bar but on this current bar it closes higher than it's prior bar? Hope this makes sense to you. Thanking you all in advance, Gerry
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Ron O Posts: 101 Joined: 12/19/2003 Location: Adelaide AUSTRALIA User Profile	Subject : RE: About RSI Posted : 8/19/2021 8:26 PM Post #48246 - In reply to #48236 Hi Gerry, I'm only a novice at creating a scan but this is what I've come up with and it seems to do what you want. I have created two different scans, one for RSI Down and one for RSI Up. RSI Down:- RelativeStrengthIndex(14) < RelativeStrengthIndex(14)[1] AND RelativeStrengthIndex(14)[1] > 70 RSI Up:- RelativeStrengthIndex(14) > RelativeStrengthIndex(14)[1] AND RelativeStrengthIndex(14)[1] < 30

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