RSI calculated using the specified smoothing type is displayed in a separate window.
It has five input parameters:
- RSI period – RSI calculation period;
- Step – the range for calculating the positive and the negative components of RSI;
- MA period – smoothing period;
- MA method – smoothing method;
- MA applied price – price used for the calculation of the smoothing MA.
Calculation:
RSI[i] = 100-(100/(1 + Positive/Negative))
where
Positive, Negative - the sum of positive and negative increments (Diff), Diff[i] = MA(Period_MA)[i]-MA(Period_MA)[i-Step]
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