Category

Multi-Bar Functions

Description

RSI as a function

Syntax

RsiF(expr, count)

Parameters

expr - formula referencing bar data

count - formula specifying a number of bars

Notes

The standard RSI indicator always uses the series of closing prices for its calculations.

This function makes it possible to calculate RSI for any series of values.

Calculation uses the original Welles Wilder formula.

Wilder's exponential smoothing is equivalent to using 2*len-1 in a regular exponential moving average.

 

 

 

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