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  • RSI calculate from esignal

    I would like to know how is the formula / fuction from Esignal to calculate RSI.

    I have tried to simulate the RSI formula in a excel file and I do not have the same RSI's results from E-Signal.

    Thanks in Advance!

    Regards, Denis

  • #2
    Re: RSI calculate from signal

    Denis
    eSignal calculates the RSI in the same way as QCharts and as I show in my reply to you in this thread on this same topic
    The enclosed screenshot shows you an eSignal chart with a 4 period RSI and as you can see the values returned by the study are the same as those of the spreadsheet I posted in the linked thread [the only difference being a variation of 0.01 on the most recent bar's value due probably to rounding]
    Alex




    Originally posted by denisthor
    I would like to know how is the formula / fuction from Esignal to calculate RSI.

    I have tried to simulate the RSI formula in a excel file and I do not have the same RSI's results from E-Signal.

    Thanks in Advance!

    Regards, Denis

    Comment


    • #3
      Re: Re: RSI calculate from signal

      Originally posted by Alexis C. Montenegro
      Denis
      eSignal calculates the RSI in the same way as QCharts and as I show in my reply to you in this thread on this same topic
      The enclosed screenshot shows you an eSignal chart with a 4 period RSI and as you can see the values returned by the study are the same as those of the spreadsheet I posted in the linked thread [the only difference being a variation of 0.01 on the most recent bar's value due probably to rounding]
      Alex


      thanks

      Comment

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