EMA smoothed RSI in MultiChart

Hi All!

I want to test my system in trial MultiCharts 5.5 and I need help.

It's curious , it's difficult for me to chage standart RSI to RSI_EMA like in TOS or OEC.

I'm change Average to XAverage in RSI code but it's no effect. Maybe someone help me with code or give me a rule where I can find RSI_EMA in EasyLanguage?

In MetaStock its was simple, because formula look like in many trading books.


This is a code RSI function from MultiCharts
---------------------------------------------------
inputs:
PriceValue( numericseries ),
Len( numericsimple ) ;

variables:
var0( 0 ),
var1( 0 ),
var2( 0 ),
var3( 1 / Len ),
var4( 0 ) ;

if CurrentBar = 1 then
begin
var0 = ( PriceValue - PriceValue[Len] ) / Len ;
var1 = Average( AbsValue( PriceValue - PriceValue[1] ), Len ) ;
end
else
begin
var2 = PriceValue - PriceValue[1] ;
var0 = var0[1] + var3 * ( var2 - var0[1] ) ;
var1 = var1[1] + var3 * ( AbsValue( var2 ) - var1[1] ) ;
end ;

if var1 <> 0 then
var4 = var0 / var1
else
var4 = 0 ;

RSI = 50 * ( var4 + 1 ) ;
--------------------------------------------------



Thanks a lot!
dmitriy

 

Hi All!
I Built RSI EMA indicator, that close to OEC, but not 100%. Something wrong in code.

----------

inputs: PriceValue(NumericSeries),Len(NumericSimple);
variables: AU( 0 ), AD( 0 );


AU = XAverage( IFF( PriceValue > PriceValue[1], PriceValue - PriceValue[1], 0 ), Len ) ;

AD = XAverage( IFF( PriceValue[1] > PriceValue, PriceValue[1] - PriceValue, 0 ), Len ) ;

RSI_EMA = 100-(100/(1+AU/AD));
-------------

 

Well dan!

It's not new indicator iisue, it's OEC datafeed issue yesterday. CME orOEC not working half of hour and last bar before bug has different value in OEC chart and MultiCharts chart FROM the same OEC datafeed