Is this idea possible to program ?

 

Using the RSI for example:

The RSI has Parameter settings of Open, High, Low, Close, Median, Weighted Close, etc.

If you overlay 2 RSI indicators and set 1 to Open and the other to Close you can see how the 2 behave. The current Close may look similar to the previous Open but the values are different.

I would like to be able to produce buy signals when the RSI current Close goes above the RSI current open and Sell signal when the RSI current close goes below the RSI current Open.

Can this be done ?

thanks

 

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