Nine

Ummm, yeah... "You already have the formula below? RSI = 100 – [100/1 +RS] RS = Average of n periods closes up/Average of n periods closes down." This formula is for Wilder's RSI and I do understand it - as I said before I'm not looking for the RSI formula but the Momentum Pinball indicator which is a 3 period RSI of ROC (daily net change). And instead of google, I thought going to Taylor Trading forum would be the best place to go. Although I did go to google, which is how I got here in the first place.

Thanks but how do you actually calculate the 3 period RSI in basic math terms? Here's an example of Wilder's RSI in simple math: RSI = 100 – [100/1 +RS] What would the Momentum Pinball three period RSI of ROC look like in basic math terms? An equation that can be entered on a basic calculator (the function RSI can't be entered on a calculator)

Thanks! Still a bit confused though - how exactly is the RSI of the ROC calculated. The ROC is calcluated with today's close minus yesterday's close but how is the RSI of this calculated? I want to the the StockFetcher.com screener and it doesn't allow ROC(RSI(Close,3),1) in it's language - I'll need to break it down into simple math.

Trying to understand the Momentum Pinball oscillator more - it's a 3 period RSI on a one period rate of change. What would this look like expressed as plain math? Wilder's RSI is this: RSI = 100 – [100/1 +RS] RS = Average of n periods closes up/Average of n periods closes down. Would Momentum Pinball be this? RSI = 100 – [100/1 +ROC] ROC 3 period = [(Today's close - Yesterday's close) + (Yesterday's close - Close 2 days ago) + (Close 2 days ago - Close 3 days ago)]/3