Indicators: A BETTER RSI

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A BETTER RSI:

Relative Strength Index that completely removes noise, works on all markets!

A BETTER RSI

Author: Zoe Nsidibe Udokpan

 
Thanks for the fantastic job. I looked at the levels and saw -4, -1, 0, 1 and 4. Which specific levels are overbought and oversold? Thank you. 
 
George Effanga #:
Thanks for the fantastic job. I looked at the levels and saw -4, -1, 0, 1 and 4. Which specific levels are overbought and oversold? Thank you. 
+ 1 implies high bullish pressure 
+4 implies that price might be over extended to the upside 
-1 implies high bearish pressure 
-4 implies that price might be over extended to the downside 
As always the more you practice with it, you'll find set ups that suit your style 
Safe Trading!!!
 
Did u use price density, or efficiancy ratio, or did u average them out
How did you apply it to the rsi
Could it be applied to the Itchimoku?
 
James Patrick D Artanion Grieves #:
Did u use price density, or efficiancy ratio, or did u average them out
How did you apply it to the rsi
Could it be applied to the Itchimoku?

I applied Digital Signal Processing (DSP) concepts that efficiently cancel out noise, giving a more homodyne signal you could say.

It can be applied to any indicator

 
Where can I get the code for this indicator (Better RSI)
 
Livinus Mama #:
Where can I get the code for this indicator (Better RSI)

At the top left corner of the first post.

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