# Everything about RSI - page 41

7

Calculation

The RSI is a fairly simple formula, but is difficult

to explain without pages of examples. Refer to Wilder's book

The basic formula is:

100

RSI = 100 - --------

1 + RS

RS = Average Gain / Average Loss

Average Gain = [(previous Average Gain) x 13 + current Gain] / 14

First Average Gain = Total of Gains during past 14 periods / 14

Average Loss = [(previous Average Loss) x 13 + current Loss] / 14

First Average Loss = Total of Losses during past 14 periods / 14

Note: "Losses" are reported as positive values.

Below you can find an spreadsheet to calculate RSI manually

Attached Files

276

AudCad: the RSI is oversold and there a divergence with prices. Is it time for a rebound?

Files:
2047

Mbb

MBB indicator (both indicators needed in indicators folder)

Files:
mbb.mq4  5 kb
mbb_call.mq4  3 kb
mbb.png  48 kb
330

Mbb

Please does the indicator MBB in the ABOVE POST REPAINT ?

I will also appreciate any information about the indicator,THANKS

223024

winner246:

Please does the indicator MBB in the ABOVE POST REPAINT ?

I will also appreciate any information about the indicator,THANKS

Basic values do not

Arrows are moved around (so the arrows as signals are unreliable)

330

276

It sounds strange to me that at the moment, there are no crosses above 70 and below 30 of RSi.

2927

elisab:
It sounds strange to me that at the moment, there are no crosses above 70 and below 30 of RSi.

Pre-FED do-not-trade phase : nobody dares to move this time. You can feel the tension in the air

276

EurUsd officially enters the overbought area.

[Deleted]

Hi all

Is there an indicator, or can someone create an indi that displays the slope of this indicator https://c.mql5.com/forextsd/forum/110/rsioma_nrp_mtfalerts.mq4