RSI Momentum System - The Chartist

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January 10, 2016 at 5:45 pm #101380

StephaneFima
Member

Hello,

In the “Entry & Exit Signal Code ” for the RSI momentum System, I understand that we need to include Buy = ExRem ( Buy, Sell) and Sell = ExRem ( Sell, Buy) in order to get rid of excessive entry and exit signals.

But why do we have to do the same for the different setups? Isn’t it the same?

Thanks

Regards
Stephane

January 10, 2016 at 10:59 pm #102317

Stephen James
Member

If you don’t do it for the Setup signals you’ll have those signals generating when there is a position on. The setup bar and trigger bar are not the same. Check the arrow plots with and without Exrem code to see the difference.

January 11, 2016 at 9:54 am #102320

StephaneFima
Member

I thought that as there was an ExRem on the Buy command, it was necessary to do it also on the BuySetUp.
But that’s clear now.

Thanks Craig.
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