Everything about RSI - page 41

[zihad]

Calculation

The RSI is a fairly simple formula, but is difficult

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

for additional calculation information.

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

RSI.zip (2.7 KB, 1289 views)

[elisab]

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

[tampa]

Mbb

MBB indicator (both indicators needed in indicators folder)

[winner246]

Mbb

HELLO MLADEN,

Please does the indicator MBB in the ABOVE POST REPAINT ?

I will also appreciate any information about the indicator,THANKS

[Mladen Rakic]

winner246:
HELLO MLADEN,

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)

[winner246]

Thanks for the response mladen.

[elisab]

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

[eurofreek]

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

[elisab]

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

Thanks in advance