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Heidi,
This is equation that I have:
RSI = (100-(100/(1+U/D)))
where:
U = Average of x days' up closes
D = Average of x days' down closes
x is either 9 or 14 periods depending of the one you are using.
I hope this helps,
Ed
-----Original Message-----
From: UG <ug@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>; Heidi Stubner
<stubner@xxxxxxxxxxxxx>
Date: November 2, 1998 2:16 PM
Subject: Re: Relative Strength Index
>Heidi Stubner writes:
>
>> I'm trying to calculate how Equis comes up with the RSI figures. I've
>> tried using the formula in the manual (100-(100/1+U/D)) where U =
>> change of up days/time period and D= change in down days/time period.
>
>I thought the U and D were the <period> day exponential MA of the ups or
>downs. I have the book, but alas, it's at home. I can check it this
>evening.
>
>--
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