I am trying to count the number of times the rsi>70 betweent he phase of high moving above donchian 20 and low moving below donchian 20.
I programed it in a loop but i am guessing there is a more optimal way.
Does anyone know how to optimize this loop?
SetBarsRequired( sbrAll ) ;
donh = HHV( H, 20 );
donl = llV( l, 20 );
rsiv = RSI( 14 );
twentyHighLong = Ref( HHV( H, 20 ), -1 );
twentyHighShort = Ref( llv( l, 20 ), -1 );
Plot( twentyHighLong, "20 High", colorWhite, styleLine );
Plot( twentyHighShort, "20 low", colorWhite, styleLine );
rsih = rsiv >= 70; // rsi is above 70
rsil = rsiv <= 30; // rsi <30
//find if the last time bet the time the price moved between donh and donl, there was a rsi>70 .
// ie as soon as i hit donh, look for rsi 70
// as soon as i hit donl, look for rsi 30
MakingHigh = H > Ref( donh, -1 );
MakingLow = L < Ref( donl, -1 );
Bullish = BarsSince( MakingHigh ) < BarsSince( MakingLow );
Bearish = BarsSince( MakingHigh ) > BarsSince( MakingLow );
BullishRsi = SumSince( Bullish, rsih );
for( i = 0; i < BarCount - 1; i++ )
{
if( i > 15 )
{
if( Bullish[i] == False )
{
BullishRsi[i] = 0;
}
else
{
BullishRsi[i] = BullishRsi[i - 1] + rsih[i];
}
}
}
PlotShapes( Bullish*shapeUpArrow, colorGold );
PlotShapes( Bearish*shapedownArrow, colorGreen );
PlotShapes( rsih * ( shapeDigit1 + shapePositionAbove ), colorGold );
PlotShapes( rsil * ( shapeDigit1 + shapePositionAbove ), colorGreen );
AddColumn( Bullish, "Bullish" );
AddColumn( rsih, "rsih" );
AddColumn( Bearish, " Bearish" );
AddColumn( BullishRsi, "BullishRsi" );
Filter = True;