RelativeStrengthIndex calculation

Created at 01 Jan 2017, 07:12
JS

jsuhncc

Joined 17.05.2015

RelativeStrengthIndex calculation
01 Jan 2017, 07:12


What is the RelativeStrengthIndex calculation that cTrader/cAlgo uses?

Is it the following? Does it use a smoothing technique?

 

RSI = 100 - --------
             1 + RS

RS = Average Gain / Average Loss

@jsuhncc