Exercise 19 · 14 min

Compute RSI(14) by Hand, Then Update It

Time: 25 to 35 minutes · You'll need: a calculator or spreadsheet · Builds on: Lesson 19

Warm-up

Check yourself

In the last 14 bars there were no down closes at all. What is RSI?

Check yourself

In Wilder's update, how much weight does the newest gain get in a 14-period average?

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