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Strategies & Market Trends : TA-Quotes Plus

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To: Gary Lyben who wrote (1886)	9/17/1997 9:44:00 AM
From: CynicalTruth	of 11149

Gary & All....Below are the scan values for RSI at period=8 using both versions of Q+. I conclude that the equation for RSI has been changed in the beta version. I don't know which, if any, are the "correct" value for RSI. Can somebody post the values that MetaStock outputs? (They will probably be different from all these <G>.) Thanks. *** Q+ version 1 * input = "input.lst" Set RSI=8 AllGroup close(0) > max(-1,-233,cl) close(0) <20 close(0) >3 Println Symbol:-10, RSI(0):8:3, RSI(-1):8:3 * Q+ beta version 2 * output="test.lst" input = "d:\stocks\quotes~1\lists\test.lst" Set RSI=8 if close(0) > 0 then Println Symbol:-10, RSI(0):8:3, RSI(-1):8:3 endif ** Using 9-16-97 data **** Version 1 Version 2 SuperCharts RSI(0) RSI(-1) RSI(0) RSI(-1) RSI(0) RSI(-1) ABFS 75.000 63.636 71.719 70.299 72.49 70.98 ABR 70.833 57.692 63.805 58.330 67.52 64.84 ABTX 20.000 19.497 81.422 70.930 82.36 80.63 ACH 79.310 66.667 62.800 59.052 75.60 62.06 AEF 90.909 90.909 87.930 87.930 88.08 84.55

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