Please explain RSI(OPEN,14) VS RSI (CLOSE,14)

Algos, strategies, code
1

Please explain RSI(OPEN,14) VS RSI (CLOSE,14)

I’ve been backtesting and fine tuning few strategies in amibroker, in that I have seen

RSI (Open,14) gives better result than RSI(Close, 14)

but I doubt using RSI(open,14) would be repainting? is it so?

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RSI(Open,14) - Plots RSI with respect to open values of candles for last 14 periods

RSI(Close,14) - Plots RSI with respect to Close values of candles for last 14 periods

I dont think repainting will happen in case of RSI(Open,close), as any candle has only one value(price) for Open and close. But if its RSI ( High,Low) then repaints are possible as the value of high/low changes during the candle formation.

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