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Posted by Admin Posted on: 08-May-2021 | Hi Rakesh,
Please have a look at Data Issues Section in MyTSR Help Copying Portion of it for your ready reference There could be several formula to derive same fields. One Example is Moving Average SMA / EMA , WMA etc. Any one of them can be called as Moving Average. Similarly RSI (Relative Strength Index) There are at least two ways to calculate. RSI and Smooth RSI Some sites calculate one while tools like TopStockResearch calculates both. So if the value from your brokers site / Other tools does not match then do consider checking the other one. RSI is faster and gives signal faster while Smooth RSi is slower. You should use them depending on your trading profile. Volatility on stocks is also another factor you should consider. Our personal experience backed by back testing has found RSI to give better results. Hope it helps Thanks Site Admin |
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