BullCharts discussion: RSI calculation

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RSI calculation

Printed From: BullCharts Forum
Category: BullCharts
Forum Name: BullCharts discussion
Forum Discription: General discussion about getting started with BullCharts and exploring its features.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=187
Printed Date: 27 Apr 2025 at 12:17pm
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Topic: RSI calculation

Posted By: Owen
Subject: RSI calculation
Date Posted: 08 Apr 2005 at 11:39pm

When Bullcharts calculates RSI, does it use only the data that are loaded, or does it use all data available?

Replies:

Posted By: Peter
Date Posted: 11 Apr 2005 at 10:55am

BullCharts performs calculations on the data loaded. On a chart all available data gets loaded. On a scan only the amount of data specified in the Advanced tab gets loaded.

However the value of the RSI is not significantly dependant on the amount of data loaded. (Technically it because it uses the Wilders moving average method, but the effect is only very small).