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Analytic RSI Formula

Traders interested in Analytic RSI Formula can optimize their analysis using a free Amibroker data feed. Accurate data aids in identifying overbought and oversold conditions. Integrating this data feed refines the precision of the Analytic RSI Formula, contributing to more informed trading decisions based on reliable market data.

/*RSI 12*/
t=12;
Up=IIf(C>Ref(C,-1),abs(C-Ref(C,-1)),0);
Dn=IIf(C<Ref(C,-1),abs(C-Ref(C,-1)),0);
Ut=Wilders(Up,t);
Dt=Wilders(Dn,t);
RSIt=100*(Ut/(Ut+Dt));
Graph0=RSIt;
 

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