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Relative trend index RTI

The Relative Trend Index or RTI, is a technical indicator that is used to identify trend changes in the price of an asset, as well as the Strength of that trend.

The RTI fluctuate between zero and 100, with values close to 100 indicating a strong sell and values near zero indicating a strong buy

Indicator Parameters:

RTI : the indicator is typically applied to 14 periods of data, so the indicator is showing how many periods it has been since a 14 period high or low

Signal : Cross signal occurs when the RTI crosses the Signal 

1.     A bearish signal occurs when the RTI crosses from below to above the Signal

2.     A bullish signal occurs when the RTI crosses from above to below the Signal

Cloud : show support and resistance levels, as well as momentum and trend direction

The Kumo Breakout signal occurs when the RTI leaves or crosses the Kumo (Cloud) its main trend is changing

How this indicator works

When RTI are decidedly above the Cloud, the issue's trend is negative.

When RTI are decidedly below the Cloud, the issue's trend is positive.

A Sell signal is reinforced when the RTI crosses above the Signal while the RTI and Signal are all below the cloud.

A Buy signal is reinforced when the RTI crosses below the Signal while the RTI and Signal are all above the cloud.

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Kirill Borovskii
Gann Signal is a very simple indicator at first glance, but hidden inside is many years of experience in studying W.D.Ganna methods. The indicator gives accurate BUY/SELL signals, without redrawing. The indicator is very easy to use. All you need to do is attach it to your chart and follow its recommendations. The indicator constantly analyzes the market for entry opportunities. When such an opportunity appears, the indicator gives a signal in the form of an arrow. I repeat, all signals are NOT
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