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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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To: Qone0 who wrote (5970)11/16/2022 7:11:42 PM
From: Sun Tzu  Read Replies (2) of 10713
 
Since you love RSI-8, I've put together two charts with RSI 8 on them: 2018 and 2021. All the parameters are the same for all 3 indicators.

The top indicator is my RSI with high sensitivity. The middle indicator is also my RSI with low sensitivity. The bottom indicator is the regular RSI that everyone is familiar with.

Most of the times my RSI and regular RSI behave the same way. But before major tops and bottoms they behave very differently and mine gives you advanced notice of what is to come. I have highlighted regions of interest, and in a few places I've also marked the divergences that you see between the price, my RSI and the regular RSI.

I didn't mark every little difference between the two because I think once you look at my first few examples, you know what to look for. And since each chart covered a little more than year, you have the opportunity to scrutinize mine vs regular as well as how setting the sensitivity dial affects it (in short, the lower the sensitivity, the more it behaves like the regular RSI).

How much money would these advanced notices have saved you (or made for you)?

2018


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2021

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