RSI calculation

   When Bullcharts calculates RSI, does it use only the data that are loaded, or does it use all data available?  

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Owen Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 15 Nov 2004 Posts: 97	Post Options Post Reply Quote Owen Report Post Quote Reply Topic: RSI calculation Posted: 08 Apr 2005 at 11:39pm
	When Bullcharts calculates RSI, does it use only the data that are loaded, or does it use all data available?

Peter Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List BullCharts Staff Joined: 09 Sep 2004 Location: Australia Posts: 241	Post Options Post Reply Quote Peter Report Post Quote Reply Posted: 11 Apr 2005 at 10:55am
	BullCharts performs calculations on the data loaded. On a chart all available data gets loaded. On a scan only the amount of data specified in the Advanced tab gets loaded. However the value of the RSI is not significantly dependant on the amount of data loaded. (Technically it because it uses the Wilders moving average method, but the effect is only very small).