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