RSI update with IDataSeries - tick update query

[Pourleau]

Hi All,

Appreciate any insight on a query I have on the way that IDataSeries interact with the RSI oscillator calculation.

I am monitoring the following RSI value:

RSI(BarsArray[1], 10, 1)[0]

BarsArray[1] is a 5min dataseries; I monitor this on a 1minute chart and prior to the:
if (FirstTickOfBar )
condition when BarsInProgress == 0.
ie I am monitoring this on a tick by tick basis, running on a 1min chart, with a 5min overlay as BarsArray[1].

My question is: will the (10 period, 5min) RSI be calculated based on every tick received "[0]" so will capture the 5min RSI10 value at each and every traded price?

Or, are there any limitations to the frequency of calculation? Is the price value that is used to recalculate the RSI10 value perhaps limited to 1min bar close data series (the underlying chart BarsArray[0] series, for example?

Thank you.

[NinjaTrader_Jesse]

Hello,

Thank you for the question.

I did not see you mention the CalculateOnBarClose setting, do you have this set to true or false?

This will make a difference, true this would be limited to the base series if it resides in the BarsInProgress == 0 segment.

True would be every 1 minute, false would be every tick.

I look forward to being of further assistance.