Indicators: XRSX

 

XRSX:

Relative Strength Index with dynamically changing oversold/overbought levels and the possibility to select smoothing algorithm.

It is quite natural that some smoothing variants require some different interpretation of the indicator signals. Oversold/overbought levels are indicated in dynamically changing variant based on the Bollinger Bands to provide more accurate work with them.

Author: Nikolay Kositsin

XRSX indicator