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How would I create TOS SCAN RSI UNDER 20 & CLOSE > 200-DAY SMA – Alternate 1: Stocks that have a RSI under 20 for 3 days and a closing price above the 200 SMA
Alternate 2: stocks that have a 3-day RSI under 20 a closing price above the 200 SMA
Comment: Set agg to day. #end I found these scripts on https://github.com/jshingler/TOS-and-Thinkscript-Snippet-Collection/blob/master/TOS%20%26%20ThinkScript%20Snippet%20Collection.md#SCAN_RSI_UNDER_20_AND_CLOSE_%3E_200 but I didn’t know how to create this in TOS Many thanks Happy to donate again to PayPal
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Private answer
RSIWilder is not a valid built-in study for Thinkorswim. You will have to use RSI instead. Here is the first piece of code, corrected to work on Thinkorswim.
See if you can work out the changes required for the second. Marked as spam
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Pete – I sent you a new PayPal donation a couple of days ago.
Could you give me an insight as to why I am getting RSI results > 20 – screenshot is in my previous comment below
A severe health issue prevents me from working at this time. Surgery is scheduled for March 6th and should begin my recover process. I will take a look at this request once I regain my strength.
Thanks for your patience.
Did you check if the RSI column in your results section is set to a length of 3 and daily time frame to match your study filter?