Syntax
public RapidRSI(DataSeries ds, int period, string description)
public static RapidRSI Series(DataSeries ds, int period)Parameter Description
| ds |
Source Series |
| period |
Indicator period
|
Description
Rapid RSI Indicator, from Ian Copsey's article in the October 2006 issue of
Stocks & Commodities magazine.
RapidRSI resembles Wilder's
RSI, but uses a
SMA instead of a
WilderMA for internal smoothing of price change accumulators.
Calculation
Rapid RSI = 100 - ( 100 / ( 1 - RS ) )
where RS = sum of up closes divided by the sum of down closes over the specified
period.
Example