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ConnorsRSI

Posted: 24 Jan 2013
by Dave Masalov
Hi all,

See attached the EL version of the ConnorsRSI indicator.

Re: ConnorsRSI

Posted: 14 Jun 2023
by scrichley
I am able to use import this indicator and apply it to a chart to show that it's working normally... However, when I try to apply it to a study for backtesting, the Power Language editor is not recognizing the indicator and the code will not compile. Any suggestions???

I'm trying to compare it to the traditional RSI indicator for short term reversal trading.

Re: ConnorsRSI

Posted: 16 Jun 2023
by rrams
scrichley,
You must either copy the code from the ConnorRSI indicator into your signal and compile it there or turn the indicator code into a function and call that function from your signal.

Creating a function out of the indicator code is easy, so it isn't always included. I have done it for you.
ConnorsRSI_function.pla
(1.91 KiB) Downloaded 76 times
(Functions and indicators can have the same name, but they reside in a separate area of the code database.)

Re: ConnorsRSI

Posted: 16 Jun 2023
by scrichley
Thank you so much for the lesson and for preparing the function!

-Shawn
scrichley,
You must either copy the code from the ConnorRSI indicator into your signal and compile it there or turn the indicator code into a function and call that function from your signal.

Creating a function out of the indicator code is easy, so it isn't always included. I have done it for you.
ConnorsRSI_function.pla
(Functions and indicators can have the same name, but they reside in a separate area of the code database.)