I have been reading up on the calculation of RSI on the internet. Then I saw in NinjaTrader, that RSI(Close, Period = 14, Smooth = 1) calculates the first value on the 21th bar (this RSI being the only indicator in the chart), but acording to the logics it should start on the 14th or 15th bar. Moreover, my RSI values never match those in NT, therefore I would like to ask, what procedure NT uses for this specific indicator.
For the calculation of RSI, I have been using the procedure described here http://web.streetauthority.com/terms/r/rsi.asp
Thank you in advance!
E.
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