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Indicators: RSI of JMA

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RSI of JMA:

RSI of JMA

There are several methods of making the RSI smoother (and showing less false signals). One is to filter / smooth the prices prior to be used in RSI calculation

On of the methods for that, due to its high responsiveness to market changes and its smooth results, is the Jurik smoothing. This version of RSI is doing that producing a very nice smooth result wit much less false results

Author: Mladen Rakic

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