--- In [email protected], "Tim" <timothymcsween...@...> wrote: > > When I back test my system which uses end of day data (open, high, low, close)and I'm making a buy at open based partly on the RSI indicator, is the RSI value correct (in backtest) at the opening? high? low? and close? The reason I ask is because my RSI indicator chart only looks like the value at close.
Hi. The RSI value is correct for the day of data you supplied. Realistically you cannot buy the open price using the "same day" RSI value that was acquired from the close price (to the best of my knowledge). The RSI will change price but only if you supply new EOD data at the end of the day or data supplied "intraday". Set trade delay to buy on open next day. [;;)]
