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Date/Time: Tue, 26 Nov 2024 22:35:13 +0000



Post From: RSI - Sierra vs other software

[2020-07-19 02:10:33]
anewtrader72 - Posts: 3
Hi.
This question has been asked for some years so bear with me if I asked it again; I searched in the whole forum before posting it and I saw there has been no definitive answer for it.

My understanding is the developers are not interested to compare their RSI with one from other tools/websites and this is understandable but I think the fact this question is asked over and over again means it's important for many people to get a resolutive answer.

Shortly, I compared the RSI settings and outputs among Sierra, Tradingview, Investing and Barchart. Only Sierra gives a completely different output.
I tried with RSI-W, as well, or RSI with different Average Types (e.g. Exponential Moving Avg). Same result. Apparently, there is no way to match exactly the other RSI outputs with the Sierra one.
Reading the documentation has not helped either.

I am attaching the screenshot from Sierra and TradingView for ES future 5 minutes. I hope it helps to understand what I mean.
Date Time Of Last Edit: 2020-07-19 02:13:26
imageSierraChart.png / V - Attached On 2020-07-19 02:03:42 UTC - Size: 32.39 KB - 391 views
imageTradingView.png / V - Attached On 2020-07-19 02:03:47 UTC - Size: 26.96 KB - 387 views