The formula for FX RSI indicator takes two equations that are involved in solving the formula. The first component equation obtains the initial Relative Strength (RS) value, which is the ratio of the average UP closes to the average DOWN closes over 'N' periods represented by the following formula:
RS = Average of 'N' day's closing UP/Average of 'N' days closes DOWN
The actual RSI value is calculated by indexing the indicator to 100 through the use of the following formula: RSI = 100 - (100 /1 + RS).
RS = Average of 'N' day's closing UP/Average of 'N' days closes DOWN
The actual RSI value is calculated by indexing the indicator to 100 through the use of the following formula: RSI = 100 - (100 /1 + RS).
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Paul Hayes
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Phone: (44) 203 289 6573
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The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
Duration: 14 minutes
Download the Automated Trading Robot
Paul Hayes
Sales & Marketing
Email: contact@clickalgo.com
Phone: (44) 203 289 6573
Website: https://clickalgo.com
