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RSI value is different using EXPLORER , INDICATOR
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Joined: 10/6/2008(UTC)
Posts: 15
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Hi,
When I use the RSI (14) in the Explorer, it gives me a different RSI reading than the value I get from just plotting the RSI 14 indicator.
I simply wrote (in the explorer, column a): RSI(14)
Then comparing the report data , It gives me incorrect RSI value, I mean it is different that plotting the RSI (14) indicator.
I don’t know why, can anybody tells me how to fix this problem?
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 7/25/2005(UTC)
Posts: 1,042
Was thanked: 57 time(s) in 54 post(s)
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Hi Hatem
Run the Explorer using 70 or more periods (5*14) instead of Minimum periods. Check back through the archives to find any one of the many times this problem has been explained in some detail.
Roy
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RSI value is different using EXPLORER , INDICATOR
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