Streak scanner - scanner query!

#1

so today i saw the webinar conducted by Streak. Can you please help me understand what this condition means and how this logic is working ?? @Streak please help !!!1

#2

in this scan the logic behind that we want rising RSI. That is why we are subtracting the RSI with previous RSI But we are doing in the previous 5 candles.

Hope this work for you.

#3

Correct @Heikinashi !

Here we are checking the difference between the current candle RSI ie. RSI(14,0) with the previous candle RSI ie. RSI (14,-1), and also checking whether the difference is positive or not ie. >0
If there is a positive difference, it means that RSI has increased.

We are also using Period Min to check for 5 periods and ensure that the minimum difference is also positive.

The above scan will give a result with scrips having rising RSI.

#4

thank you… if i buy directly from scanner i can use bo order ? and will that be visible in my kite order book ??

#5

yes, you can!