For RSI the docs says
:period: The period over which to compute the RSI
If I Use self.RSI("AAPL", 14, MovingAverageType.Wilders, Resolution.Minute)
Does the 14 period mean 14 minutes or 14 days?
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Clarifying RSI period: 14 means 14 periods of the resolution used, e.g. 14 minutes or 14 days.
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What is period for RSI?
Jordan Bakke | September 2018
For RSI the docs says
:period: The period over which to compute the RSI
If I Use self.RSI("AAPL", 14, MovingAverageType.Wilders, Resolution.Minute)
Does the 14 period mean 14 minutes or 14 days?
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Douglas Stridsberg
14 periods means 14 bars. In your example above, a bar represents 1 minute of data, as you've specified Resolution.Minute as the last parameter.
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Jordan Bakke
Thanks
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Jing Wu
Hi Jordan, when you add the asset with self.AddEquity("AAPL", Resolution), you need to specified the data resolution. This tells the engine the data resolution you used in the algorithm. You can also use a different resolution when you add the indicator
self.RSI("AAPL", 14, MovingAverageType, Resolution)
One thing needs to note is the resolution in self.AddEquity() should be smaller than the resolution in the indicator. For example, you request the hourly data in self.AddEquity(), the available resolutions in the indicator are hourly, daily. Minute resolution here is not available because the minute price data is not requested.
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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