I am using the following formula to plot a spread line chart of two securities:
spread = Close / Foreign( "MSFT", "Close"); Plot( spread, "spread", colorBlack ) However, when I plot RSI in the lower pane... the indicator fails to respond to the spread movement. RSI is a sensitive indicator and generally moves up or down with price. But this doesnt seem to be happening and many a times while spread is moving up, RSI tends to move lower and vice versa. I have attached a chart and pointed a few discrepancies. Please suggest what needs to be done. I intend to use indicators apart from RSI for a spread between 2 different securities / index. Infinity
