Friday, September 14, 2007

How to calculate RSI-14?

RSI-14 = 100 – 100 / (1 + RS14) :


RS14 = Avg.Up14 / Avg.Dn14 :


Avg.Up14 = Average( ChangeUp for 14 days ) :


Avg.Dn14 = Average( ChangeDn for 14 days ) :


ChangeUp = IF ( Change > 0, Change, 0 ) :


ChangeDn = IF ( Change <=0, ABS(Change), 0) :


Change = Today Close – Yesterday Close :

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