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The RSI is already an oscillator. Is there a formula or description of the
proposed transformation?
-----Original Message-----
From: terencetbk [mailto:no_reply@xxxxxxxxxxxxxxx]
Sent: Friday, January 21, 2005 4:25 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Oscillator Version of the RSI
Hi,
I was reading thru' a book by Wilson Leon from Australia and in one
particular section (page 253-260), he mentioned that he had
redesigned the RSI indicator from an index (the conventional format)
to an oscillator format in MetaStock, as he find the ocillator
version of an RSI more revealing than the conventional format.
However, there is no mention of how to code the RSI into the
oscillator format in MetaStock. May I know whether can anyone help
me with this, or is there any website where I could "cut-n-paste"
the codes for this RSI Oscillator? Thanks in advance.
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