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Re: RSI Formula Discrepancy....



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Hi Keith,
please read #5461, Oct 12 2001.
Dimitris Tsokakis
--- In amibroker@xxxx, kbennett@xxxx wrote:
> 
> 
> I have written the formula for Wilders RSI in AFL because I need to 
> use it in conjunction with the "Foreign" function. My attempt is as 
> follows:
> 
> pd = 14;
> Cu = IIf(C > Ref(C,-1),C,0);
> Cd = IIf(C < Ref(C,-1),C,0);
> Avgu = Sum(Cu,pd)/pd;
> Avgd = Sum(Cd,pd)/pd;
> RS = Avgu/Avgd;
> Vrsi = 100-(100/(1+RS));
> Graph0 = Vrsi;
> 
> I had expected this to produce an identical graph to:
> 
> Vrsi = RSI(14);
> Graph0 = Vrsi;
> 
> Could someone please confirm that my formula is correct, and if so, 
> why the graphs are not identical.
> 
> Keith