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kyunkakata
@kyunkakata
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kyunkakata

RSI wrong calculate in cBot. around index 118--120 or something

cTrader Algo
17 Jun 2021, 17:55
 884
 7
Replies

kyunkakata
18 Jun 2021, 13:33

RE:

PanagiotisCharalampous said:

Hi kyunkakata

This happens because you are printing the value of the RSI at the opening of the candle, where the close price is the same as the open price. Until the candle closes, the value will change. The indicator displays values using the close prices of the candle.

Best Regards,

Panagiotis 

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So which event I can choose when I want to calculate exactly RSI without the OnBar event?

@kyunkakata

kyunkakata
18 Jun 2021, 12:17

RE:

PanagiotisCharalampous said:

Hi kyunkakata

This happens because you are printing the value of the RSI at the opening of the candle, where the close price is the same as the open price. Until the candle closes, the value will change. The indicator displays values using the close prices of the candle.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

Thanks for your answer.

@kyunkakata

kyunkakata
18 Jun 2021, 08:03

RE:

PanagiotisCharalampous said:

Hi kyunkakata

Can you please explain to us why do you think it is wrong?

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

The result RSI calculated by cBot is wrong when compared to the RSI indicator. It's slower by 1 or 2 candles for no reason. 

@kyunkakata
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