RSI indicator - page 41

zihad
7
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

elisab
276
elisab  

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

Files:
audcad.gif 59 kb
tampa
2047
tampa  

Mbb

MBB indicator (both indicators needed in indicators folder)

Files:
mbb.mq4 5 kb
mbb_call.mq4 3 kb
mbb.png 48 kb
winner246
330
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
183058
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
330
winner246  

Thanks for the response mladen.

elisab
276
elisab  

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

eurofreek
2927
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
276
elisab  

EurUsd officially enters the overbought area.

iGnomicus
18
iGnomicus  

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