RSI Indicator and Real Time Data
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So I just started using backtrader today and have been following the tutorial and watching videos and I have a couple questions, and I am trying to create a simple RSI bot. My first question is, if I use this code:
self.rsi = bt.indicators.RSI_SMA(self.data.close, period=14)
it returns a tuple....
the documentation isn't very complete, which value is the current value of the RSI? is it say, rsi[0], rsi[1] etc....
my second question is if I wanted to get the real time daily data of the RSI what would I need to do ? is RSI still computed over a 14 day average if I'm looking at the daily data? and if so , which feeds do I need to implement to get the current rsi data?
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@Walt-Weston said in RSI Indicator and Real Time Data:
it returns a tuple....
it returns the
line, array - Docs - Platform Concepts - Linesthe documentation isn't very complete, which value is the current value of the RSI? is it say, rsi[0], rsi[1] etc....
documentation is very good, just try to read it. and it clearly gives an answer on your question. latest value is
self.rsi[0]- Docs - Platform Concepts - Indexing: 0 and -1my second question is if I wanted to get the real time daily data of the RSI what would I need to do ? is RSI still computed over a 14 day average if I'm looking at the daily data?
you need to pass real time price data to
btand calculatersi. If it will be daily bars andperiodwill be 14, than it will be 14 days RSI value.and if so , which feeds do I need to implement to get the current rsi data?
depends on the broker you are going to use for live trading.
bthas implementation forib,oandaandvisual chart- Docs - Live Trading - Intro- If my answer helped, hit reputation up arrow at lower right corner of the post.
- Python Debugging With Pdb
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@ab_trader thank you, answered my questions.
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@Walt-Weston no problem