S&P 500 Index (SP500)

[bobjack]

TREND1, when you setup your RSI Indicator in YOUR esignal software, does it let you put 2 parameters in??
That is where you would input the "RSI 14,5".

IF, you cannot input 2 parameters, you can NEVER duplicate Farooq's RSI 14,5 WITHOUT changing to a DIFFERENT Software, such as Quotetracker as Farooq has suggested to you.

When you tell quotetracker that you want to setup an RSI indicator, it has 2 separate boxes for the 2 parmeters, Main and Signal (The "signal line" is a 5 Period EMA of the "Main Line", Which is a 14 Period RSI of the Closing Price.
The Signal is an Indicator on/of the Main Indicator (EMA of an RSI).

You can get a half-arsed APPROXIMATION by inserting an RSI 14 and inserting an RSI 70 (which is 5 times 14), and watching for their cross on the 5 min chart. You could NEVER trade by it tho!! Farooq never uses the RANGE or SCALE READING of the RSI indicator at all (As he has described his setup, anyway).
You can use your eSignal access for a quote source for Quotetracker.
Don't know if this makes it clearer or more confusing, BUT, Good Luck,
bobjack