I'm confused

[[Deleted]]

Can someone please tell me how to do this. I am writing a strategy into code and the instructions say to have a rsi(8) then add a EMA8 to the rsi and when the rsi crosses the ema take the trade. Ok i know how to do a rsi and a EMA on the price itself but how do i do an EMA on the rsi in a indicator. Thanks for your help.

[Ray]

Put the RSI values into an array, and then do iMAOnArray() to get EMA of RSI

[[Deleted]]

is this close to right?

 
Is This close to right?
 
 
 
for (int x=0; x<=7;x++)
{
 RSI[x]=iRSI(NULL,0,8,PRICE_CLOSE,x);
 EMA=iMAOnArray(RSI,0,8,0,MODE_EMA,0);
 }
 for (x=1; x<=8;x++)
{
RSI1[x]=iRSI(NULL,0,8,PRICE_CLOSE,x);
 EMA1=iMAOnArray(RSI1,0,8,0,MODE_EMA,1);
}
if (EMA<iRSI(NULL,0,8,PRICE_CLOSE,0) && EMA1>iRSI(NULL,0,8,PRICE_CLOSE,0))
EnterLong=true;
if (EMA>iRSI(NULL,0,8,PRICE_CLOSE,0) && EMA1<iRSI(NULL,0,8,PRICE_CLOSE,0))
EnterShort=true;

[[Deleted]]

I've used comments to show me the values and my RSI and RSI1 arrays are being filled but I'm doing something wrong with the EMA and EMA1 because those show me a 0 value.

[Ray]

 
double RSI[8];  // 6
ArraySetAsSeries(RSI, true); // 1
 
for (int x=0; x<=7;x++)
   {
      RSI[x]=iRSI(NULL,0,8,PRICE_CLOSE,x);
   }
EMA=iMAOnArray(RSI,0,8,0,MODE_EMA,0); // 2
 
for (x=1; x<=8;x++)
   {
      RSI1[x]=iRSI(NULL,0,8,PRICE_CLOSE,x);
   }
EMA1=iMAOnArray(RSI1,0,8,0,MODE_EMA,1); // 2
 
if (EMA<iRSI[0] && EMA1>iRSI[0])  // 3,4

   {
      EnterLong=true;
      EnterShort = false; // 5
   }
 
else if (EMA>iRSI[0] && EMA1<iRSI[0] // 3,4
   {
      EnterShort=true;

      EnterLong = false; //5

   }

else

   {  
      EnterShort = False; // 5
      EnterLong = false;
   }

It's close.

1 ArraySetAsSeries should be set.

2 Take the EMA out of the loops.

3 You will have false signals for the cross, since Price (and therefore RSI and EMA) is still moving on bar 0. You will detect a cross, then
it will be gone, come back, gone again.

4 You already calculated RSI for bar 0 in the loops, so you can use that array value in the EMA test instead of calculating again.

5 You might be specific on setting the booleans so you don't have old signals laying around

6 Always declare the size of an array, it is memory allocation ( not requred for arrays used as indicator buffers)