Technical_Analysis_page_465

Technical | Analysis page 465 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

436 Part V Trend Confirmation After calculating the RSI for the first 14 days, Wilder used a smoothing method to calcu- late RSI for future days. This process dampens the oscillations. For day 15 and after UPS day j= [CUPSgay i-1 * 13) + Gaingay j]/ 14 DOWNS gay j= [DOWNS gay j-1 X13) + Lossgay jI/…