Hello Traders.
as you know, there are various RSI versions and difference among them is the smoothing method.
Welles Wilder used his own method. and there are EMA, SMA, Summnation(none smoothing) methods etc.
my question is Which version did Andrew Cardwell the RSI guy used?
what exactly i'm trying to follow his RSI interpretation is trend determination.
he said in an uptrend RSI bounces between 100-40, and downtrend 60-0.
which version of RSI should i use?
additionally i'd like to know which version of RSI does Metatrader and Tradestation integrated.
Thanks.
as you know, there are various RSI versions and difference among them is the smoothing method.
Welles Wilder used his own method. and there are EMA, SMA, Summnation(none smoothing) methods etc.
my question is Which version did Andrew Cardwell the RSI guy used?
what exactly i'm trying to follow his RSI interpretation is trend determination.
he said in an uptrend RSI bounces between 100-40, and downtrend 60-0.
which version of RSI should i use?
additionally i'd like to know which version of RSI does Metatrader and Tradestation integrated.
Thanks.