3.18.8 RSI Failure Swing

Figure 3.90: RSI Failure Swing.

• Buy - RSI bottom failure swing to X

• Sell - RSI top failure swing to X

Parameters available:

• Period - period of RSI

• Lower Limit - lower limit of RSI

• Upper Limit - upper limit of RSI

• x1 - the minimum amount below(buy)/above(sell) the lower(buy)/upper(sell) limit

• x2 - the minimum amount RSI has moved below/above the recent peak/trough (buy/sell)

• x3 - the minimum amount RSI had moved above/below the recent peak/trough (buy/sell)

• Rule type - please refer to 140 for details

• Data type - please refer to 141 for details