Category

Multi-Bar Functions

Description

RSI as a function

Syntax

RsiF(expr, count)

Parameters

expr - data series formula

count - lookback period

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.

This function supports ultra-fast one-pass calculation when used in the Data Section with a non-variable count.

 

 

 

Copyright © 2020-2024 Systematic Solutions, LLC