PROTECTED SOURCE SCRIPT
RSI cyclic smoothed
Cyclic Smoothed Relative Strength Indicator
The cyclic smoothed RSI indicator is an enhancement of the classic RSI, adding
* additional smoothing according to the market vibration,
* adaptive upper and lower bands according to the cyclic memory and
* using the current dominant cycle length as input for the indicator.
The cRSI is used like a standard indicator. The chart highlights trading signals where the signal line crosses above or below the adaptive lower/upper bands. It is much more responsive to market moves than the basic RSI:
The indicator uses the dominant cycle as input to optimize signal, smoothing and cyclic memory. The referenced book provides open indicator source code, indicator characteristics, trading performance and how to obtain the current dominant market cycle. The get more in-depth information on the cyclic-smoothed RSI indicator, please read Chapter 4 "Fine tuning technical indicators" of the book "Decoding the Hidden Market Rhythm" available at Amazon .
Or visit https://www.whentotrade.com for cycle analytics background, current dominant market cycles for major markets and examples.
The cyclic smoothed RSI indicator is an enhancement of the classic RSI, adding
* additional smoothing according to the market vibration,
* adaptive upper and lower bands according to the cyclic memory and
* using the current dominant cycle length as input for the indicator.
The cRSI is used like a standard indicator. The chart highlights trading signals where the signal line crosses above or below the adaptive lower/upper bands. It is much more responsive to market moves than the basic RSI:
The indicator uses the dominant cycle as input to optimize signal, smoothing and cyclic memory. The referenced book provides open indicator source code, indicator characteristics, trading performance and how to obtain the current dominant market cycle. The get more in-depth information on the cyclic-smoothed RSI indicator, please read Chapter 4 "Fine tuning technical indicators" of the book "Decoding the Hidden Market Rhythm" available at Amazon .
Or visit https://www.whentotrade.com for cycle analytics background, current dominant market cycles for major markets and examples.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Lars von Thienen
Join my blog and never miss an update:
stockmarketcycles.substack.com/
Join my blog and never miss an update:
stockmarketcycles.substack.com/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Lars von Thienen
Join my blog and never miss an update:
stockmarketcycles.substack.com/
Join my blog and never miss an update:
stockmarketcycles.substack.com/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.