RelativeStrengthIndex calculation

Created at 01 Jan 2017, 07:12
Subscribe
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
JS

jsuhncc

Follow

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
Copyright © 2024 Spotware Systems Ltd. All rights reserved.
cTrader Ltd offers through its group of companies the cTrader platform. The information on this website is for general informational purposes only and does not constitute financial or investment advice. cTrader does not solicit retail investors. Reliance on this information is at your own risk.