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Registered User
Joined: 5/4/2009
Posts: 17
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The RSI(2) setting on the daily is incorrect when comparing to other platforms such as Fidelity Active Trader Pro and Stockcharts. Fidelity and Stockcharts do not have a smoothing factor and I wonder if this difference is causing the difference. What do I set Stockfinder's RSI(2)to in order to get it to be the same as on other platforms? Is Wilder's RSI(2) actually what is being used? Thank you.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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In the Relative Strength Index (RSI) Indicator, you probably want to set RSI to Relative Strength Index - Wilder's Smoothing and the Smooth to 1.
In the Wilders RSI Indicator, you probably want to set the Average Period to 1.
-Bruce
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Registered User
Joined: 5/4/2009
Posts: 17
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Thanks Bruce. How about on freestockcharts?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I'm guessing you just want to use Wilder's RSI. That said, all questions, comments and suggestions related to FreeStockCharts.com should be addressed to:
feedback@freestockcharts.com
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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