hi
i need simulate of rsi indicator in my programmm
I implemented the program based on the existing formulas But the value of the RSI index is different
my calculate : RSI 35
tradng viwe calculate RSI :38.73
formula for first row rs : average(gaine)/avarage(loss) ,=100-100/(1+rs)
Check the data you get from binance. In my case, the open,close,high,low data that binance api provides does not match the one in website.
You should analyze your formula well, sometimes we have errors in the calculation that we do not find easily, in the case of the rsi I do not remember that it has given me so much trouble to program it where if I had many problems it was with the parabolic sar
Hi guys, I had a job related to RSI and had same problem with you guys.
After researching, I found out that Binance use more data to calculate RSI indicator. In my case, I have to use 120 input prices to calculate RSI 14.
Yeah, at least 120 not 14 like the formula. The reason I think because I’m developer who don’t have enough knowledge, just think about apply the formula without understand the main point.
By the way, you can make it simpler by using the library technicalindicators
in node js
Thanks!