Support Board
Date/Time: Wed, 05 Mar 2025 18:31:06 +0000
[User Discussion] - RSI
View Count: 2119
| [2019-02-28 10:36:46] |
| arruga - Posts: 253 |
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Hi I'm relatiovely new to using SC indicators I'm noticing that the RSI is giving me a lot more extreme readings than those provided by TradingView or Investing.com This is RSI from SC: http://www.sierrachart.com/image.php?Image=1551349894908.png Here Investing.com and TV as reference for the exact same period, same instrument and same RSI settings https://invst.ly/a5n87 https://www.tradingview.com/x/waLsz1Qa/ I know it's not your job to comment on other providers, but was wondering as to whether you may have an idea why SC seems to give such extreme readings. Any way to access the underling calculation and whether that can be edited, or recalculate RSI altogether? Many thanks |
| [2019-02-28 13:48:56] |
| Sawtooth - Posts: 4179 |
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Set the 'Average Type' to Wilders Moving Average. Or use the RSI-W study. |
| [2019-03-01 11:02:27] |
| User90125 - Posts: 715 |
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Yes, the current default when you add SC's RSI study to your chart is still flawed. Most modern charting services these days default to the faster regular EMA for the internal smoothing of the RSI. SC is the still the exception, using an incorrect SMA as its default for some reason. RSI-W will get you the original RSI with Wilders Moving Average (which is a slower EMA). |
| [2022-01-14 16:27:29] |
| leversace - Posts: 3 |
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hello I have a question regarding the RSI, I could see that some people use the RSI sure other unit of time than that of the chart could you tell me if this is doable on Sierra chart and how?
Date Time Of Last Edit: 2022-01-14 16:28:54
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