RSI formula in MarketXLS Others functions delivers wrong results

Discussion in 'General Questions' started by CMillington, Jul 5, 2017.

RSI formula in MarketXLS Others functions delivers wrong results

  1. CMillington

    CMillington New Member

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    Hello

    The RSI figure brought in using the default RelativeStrengthIndex formula in the MarketXLS Others group is bringing in incorrect figures. I have compared the results to the results on various websites including igindex and across different tickers. Using the default 14 day period, the forumla brought in an RSI of 32 fro MMM when at that moment the true RSI for the 14 day period was 67.

    This working correctly is fundamental to me getting the benefit of MarketXLS, so please can someone provide the solution please.

    Thanks
     
  2. marketxls

    marketxls Administrator
    Staff Member

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    Hi,

    Yes, I am aware of this. Its fixed in pre-production, it will be released on server this week. I will post an update here.

    Kind regards
    Ankur
     
  3. CMillington

    CMillington New Member

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    Hello Ankur

    It is refreshing to receive such a professional, speedy and positive reply. It gives me faith in you and the system. I look forward to the update on the RSI being posted.

    Thanks

    CMillington
     
    marketxls likes this.

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