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Oh! The conventional RSI indicator is shown as a line oscillating
between 0 and 100... what Leon Wilson shown is in terms of histogram
and a line which might be a MA (i.e. quite similar to the MACD
histogram in appearance).
--- In equismetastock@xxxxxxxxxxxxxxx, "Andrew Tomlinson"
<andrew_tomlinson@xxxx> wrote:
>
> 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.
>
>
>
>
>
>
>
>
>
>
> Yahoo! Groups Links
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