Analytics > Indicators > Relative Strength Index |
Relative Strength Index (RSI) indicator for FinancialChart is a momentum oscillator, which measures velocity and magnitude of price movements. It compares the upward movements in closing price of an asset to the downward movements over a trading period, and intends to determine strength or weakness of a stock. It fluctuates between 0 and 100. The stocks with strong positive changes have a higher RSI than the stocks with strong negative changes.
It finds application in comparing the magnitude of recent gains to recent losses, to determine the overbought and oversold conditions of an asset. Stocks are considered overbought when RSI is above 70, and oversold when below 30.
Notice that the given code snippet uses a class DataService.cs. To see the code, refer to Average True Range. In addition, the sample creates an instance of the RSI class to work with Relative Strength Index.
Public Class DataService Private _companies As New List(Of Company)() Private _cache As New Dictionary(Of String, List(Of Quote))() Private Sub New() _companies.Add(New Company() With { Key.Symbol = "box", Key.Name = "Box Inc" }) _companies.Add(New Company() With { Key.Symbol = "fb", Key.Name = "Facebook" }) End Sub Public Function GetCompanies() As List(Of Company) Return _companies End Function Public Function GetSymbolData(symbol As String) As List(Of Quote) If Not _cache.Keys.Contains(symbol) Then Dim path As String = String.Format("FinancialChartExplorer.Resources.{0}.json", symbol) Dim stream = Assembly.GetExecutingAssembly().GetManifestResourceStream(path) Dim ser = New DataContractJsonSerializer(GetType(Quote())) Dim data = DirectCast(ser.ReadObject(stream), Quote()) _cache.Add(symbol, data.ToList()) End If Return _cache(symbol) End Function Shared _ds As DataService Public Shared Function GetService() As DataService If _ds Is Nothing Then _ds = New DataService() End If Return _ds End Function End Class
public class DataService { List<Company> _companies = new List<Company>(); Dictionary<string, List<Quote>> _cache = new Dictionary<string, List<Quote>>(); private DataService() { _companies.Add(new Company() { Symbol = "box", Name = "Box Inc" }); _companies.Add(new Company() { Symbol = "fb", Name = "Facebook" }); } public List<Company> GetCompanies() { return _companies; } public List<Quote> GetSymbolData(string symbol) { if (!_cache.Keys.Contains(symbol)) { string path = string.Format("FinancialChartExplorer.Resources.{0}.json", symbol); var stream = Assembly.GetExecutingAssembly().GetManifestResourceStream(path); var ser = new DataContractJsonSerializer(typeof(Quote[])); var data = (Quote[])ser.ReadObject(stream); _cache.Add(symbol, data.ToList()); } return _cache[symbol]; } static DataService _ds; public static DataService GetService() { if (_ds == null) _ds = new DataService(); return _ds; } }
Partial Public Class Indicators Inherits UserControl Private dataService As DataService = DataService.GetService() Private rsi As New RSI() With { Key.SeriesName = "RSI" } Public Sub New() InitializeComponent() End Sub Public ReadOnly Property Data() As List(Of Quote) Get Return dataService.GetSymbolData("box") End Get End Property Public ReadOnly Property IndicatorType() As List(Of String) Get Return New List(Of String)() From { "Relative Strength Index" } End Get End Property Private Sub OnIndicatorTypeSelectionChanged(sender As Object, e As SelectionChangedEventArgs) Dim ser As FinancialSeries = Nothing If cbIndicatorType.SelectedIndex = 0 Then ser = rsi End If If ser IsNot Nothing AndAlso Not indicatorChart.Series.Contains(ser) Then indicatorChart.BeginUpdate() indicatorChart.Series.Clear() indicatorChart.Series.Add(ser) indicatorChart.EndUpdate() End If End Sub Private Sub OnFinancialChartRendered(sender As Object, e As C1.WPF.Chart.RenderEventArgs) If indicatorChart IsNot Nothing Then indicatorChart.AxisX.Min = DirectCast(financialChart.AxisX, IAxis).GetMin() indicatorChart.AxisX.Max = DirectCast(financialChart.AxisX, IAxis).GetMax() End If End Sub End Class
public partial class Indicators : UserControl { DataService dataService = DataService.GetService(); RSI rsi = new RSI() { SeriesName = "RSI" }; public Indicators() { InitializeComponent(); } public List<Quote> Data { get { return dataService.GetSymbolData("box"); } } public List<string> IndicatorType { get { return new List<string>() { "Relative Strength Index", }; } } void OnIndicatorTypeSelectionChanged(object sender, SelectionChangedEventArgs e) { FinancialSeries ser = null; if (cbIndicatorType.SelectedIndex == 0) ser = rsi; if (ser != null && !indicatorChart.Series.Contains(ser)) { indicatorChart.BeginUpdate(); indicatorChart.Series.Clear(); indicatorChart.Series.Add(ser); indicatorChart.EndUpdate(); } } void OnFinancialChartRendered(object sender, C1.WPF.Chart.RenderEventArgs e) { if (indicatorChart != null) { indicatorChart.AxisX.Min = ((IAxis)financialChart.AxisX).GetMin(); indicatorChart.AxisX.Max = ((IAxis)financialChart.AxisX).GetMax(); } } }