Simple RSI Calculation

[harr5754]

Hello NT,

I need a simple RSI indicator but I'm finding different values from RSI's on other platforms such as ThinkorSwim. After Friday's close on a 5 minute ES chart, Ninjatrader is showing an RSI value of 52.26 using 5 for the period and 1 (lowest possible value) for smooth. ThinkorSwim's simple RSI for the same chart is 88.89. Big difference. How do I get a simple RSI on Ninjatrader?

[Emma1]

This link : [url]https://ninjatraderecosystem.com/user-app-share-download[/url]

[harr5754]

Hi Emma. The link does not work. It says "Page Not Found". Can you check it again?

[NinjaTrader_ChelseaB]

Hello harr5754,

As this inquiry is not related to indicator development and you are asking for a fully developed script from the community, I have moved this thread to the NinjaScript File Sharing section of the forums.

While I'm not sure what Emma was linking, I can include a link to a search for RSI in the user app share.
[URL="https://ninjatraderecosystem.com/user-app-share-results/?fwp_usa_search=rsi"]https://ninjatraderecosystem.com/use...usa_search=rsi[/URL]

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[harr5754]

Hi Chelsea, I didn't mean to come across as asking for a fully developed indicator. My main inquiry was how Ninjatrader calculated their RSI since the results were different from simple RSI's on other platforms that don't have a smoothing function. That said, I did find an indicator on the add-on website that addressed the reason I brought it up in the first place. Ninjatrader may want to look at why the RSI in their suite differs from other platforms.

[harr5754]

Chelsea,

Can you tell me how the following code

[CODE](RSI(5, 1)[/CODE]

differs from

[CODE]
RSI1 = RSI(Close, 5, 1);
RSI1.Avg[0][/CODE]