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Date/Time: Sat, 18 Jan 2025 10:58:12 +0000



Post From: RSI Problem?

[2013-05-21 16:24:51]
vegasfoster - Posts: 444
Maybe this shows it better. If plotted on a 4 renko bar on CL, it is oscillating between 0 and approximately 66 for a RSI(2) and 0 and approximately 83 for a RSI(5). It occasionally spikes over, but shouldn't it consistently be oscillating between 0 and 100 with a 50 centerline? Otherwise 30 and 70 or whatever are meaningless, you would have to sit there and approximate the range on every chart or in every formula for an automated entry.
imageRSI.png / V - Attached On 2013-05-21 16:24:02 UTC - Size: 59.6 KB - 573 views