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To clarify my previous posting. The formula in there is RSI(n) applied to "P"
variable. The coincidence (sameness) mentioned is between MS's RSI(n) and
that indicator when the latter is dropped on price chart, i.e. when P=C .
Pretty obvious, but better to avoid a confusion.
Vitaly
Vitaly Larichev wrote:
>
> Dennis,
>
> The following is copied from Formula Field of my
> *RSI canonical_12_day_for_P_I indicator. Change m if you choose another # of
> periods n for rsi.
>
> Good luck with your project,
> Vitaly
>
> {I wrote my own "canonical" RSI(12) which coinsides with MS's RSI(12) if
> m=2*n-1 where m is used below in Mov( ,m,E); n - a number of periods in
> rsi(n). Mind that since I didn't use those particular tricks from the
> standard rsi(n) to shorten the initial transitional period, this function and
> standard rsi(n) differ for about month or so from the day 1. It was not that
> important for me, so I used this shortcut.}
>
> 100 - 100/
> (1.+ If(Mov(If(P-Ref(P,-1)<0,-(P-Ref(P,-1)),0),23,E)=0,1000000,
>
> Mov(If(P-Ref(P,-1)>0, P-Ref(P,-1), 0),23,E)
> /Mov(If(P-Ref(P,-1)<0,-(P-Ref(P,-1)),0),23,E)
> ))
>
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