logo.JPG (15141 bytes)

Candle Stick RSIz


Candle Stick RSIz

An oscillator defining over bought and over sold areas in the market.

It adds all positive Closes and the subtracts the Open of n bars.  It then adds all absolute values of the Closes and then subtracts the Open of n bars and then divides all positives by all absolutes. Finally, it subtracts 50 to create the range of -50 to 50.

 

Copyright 1996-2002 PAS Astro-Soft, Inc. Last updated: April 23, 2014 All names mentioned in this document are trademarks or registered trademarks of their respective owners.