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Potentially silly question on documentation

So, I'm looking at this page whereby we can get the SMA of an RSI indicator using Indicator Extensions. Specifically:

# Create a 14 period RSI indicator
rsi = RelativeStrengthIndex(14)

# Create a 30 period SMA indicator
sma = SimpleMovingAverage(30)

# Compose indicators
sma_of_rsi = IndicatorExtensions.Of(sma, rsi)

df_sma_of_rsi = qb.Indicator(rsiAverage, spy.Symbol, 360, Resolution.Daily)

And the dataframe on the page apears to list values exceeding 100, and I thought RSI was an oscillator taking on values bounded by 0 and 100. Testing this in my own research, the dataframe appears to return a SMA of the price, not the RSI.

Also it looks like we should be passing 'sma_of_rsi' rather than 'rsiAverage' to the indicator method?

Update Backtest







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Hi Robert,

Thanks for pointing this out. Both observations are correct, and we will update the documentation accordingly.

Best,
Shile Wen

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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.


Hi Robert,

Thanks for reporting this. I was able to reproduce the error with different indicators in the attached backtest, and so I've submitted this as an issue here.

Best,
Shile Wen

1

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.


Update Backtest





0

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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