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Strategies & Market Trends : The Art of Investing
PICK 52.34+1.6%Dec 26 4:00 PM EST

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rdkflorida2
sixty2nds
To: Qone0 who wrote (5970)11/16/2022 1:48:14 PM
From: Sun Tzu2 Recommendations   of 10713
 
I agree that RSI is a very useful indicator. My goal is to create a better RSI such that:

(1) It has all the properties of the regular RSI and nobody needs to be retrained with it.
(2) It gives an earlier signal at major market tops and bottoms.

So what I made is the same RSI that we all love, but compared to the regular RSI it gives about one bar advanced notice. And we all know how big of a difference that can make.

I am going to do a better job of highlighting how this is achieved. That chart is too crowded for most people to see things that I see.
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