standard rsi(14)??

[wowzers]

Hi, when i run the market analyzer and add an indicator, rsi(14), it has the default settings are:

Indicator: RSI
Period:14
Plot: Avg
Smooth:3

I am not familiar with the last two rows (Plot and smooth), I understand what they mean but is the plot avg and smoothed by 3 periods on the standard rsi(14) that is in wide use in the market??

What im asking is, is this standard rsi(14)???

[NinjaTrader_RyanM]

Hello Wowzers,

Thank you for your post.

You can view the code used to construct this indicator by clicking Tools > Edit NinjaScript > Indicator > Highlighting RSI and clicking open.

There are two plots. The RSI value and an Average of that value. From the market analyzer you can select either Default or Avg. Smooth will allow you to specify the period used for the average plot.

[wowzers]

Hi Ryan,

thanks for the quick reply and answer however my question was simply asking if the default value is the standard rsi used in other programs or do i have to set smooth or avg to different sttings?

[NinjaTrader_RyanM]

Hi wowzer,

I'm not aware of the calculations used by other programs. Perhaps another user can contribute this information for you.

[wowzers]

k, thanks for your reply, maybe someone else will know.