• Overview
  • Reviews (3)
  • Comments (1)

Slow RSI

5

For those who feel that regular RSI is too fast and too noisy to be used on regular trades or in EAs and want to have an alternative to meter the Momentum of the Price, here is a solution presented on the great article of the Technical Analysis of Stocks & Commodities magazine (April, 2015), by Vitali Apirine, called: Slow Relative Strenght Index.

Its reading is almost the same as the regular RSI, but its levels of Overbought and Oversold are 80 and 20 instead. SRSI is very powerful to show divergencies between Price and the oscillator. As with all indicators out there, you must calibrate it to your liking/strategy/symbol/timeframe.


HOW TO READ THE SRSI

  • You can use it as centerline crossovers.
  • Overbought/Oversold (80/20) level analysis.
  • Divergencies between Price and the SRSI.

SETTINGS

  • Period (past bars) for analysis
  • Smoothing level to apply to the RSI result
  • Price Type to use for the analysis
  • Overbought and Oversold levels and Styles


Enjoy!

If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)


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Reviews 3
Bernardo Carvalho
649
Bernardo Carvalho 2023.03.13 19:40 
 

Very good indicator, it cuts a lot of false signals

Wan Ping Fei
1790
Wan Ping Fei 2021.02.20 09:37 
 

💯💯💯

Aleksandr Tamonin
4096
Aleksandr Tamonin 2021.01.23 14:42 
 

Хороший вариант RSI, пригодится как фильтр сигналов. Спасибо автору!

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The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
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Many friends asked me for a simple, non-obtrusive, resource-friendly clock to track the time during their trades. It seems pretty obvious, but it is a must-have for those trading the market manually, waiting for the Market News, or just to visually know what time it is... Trading is an absorbing endeavor! So, here it is... Totally configurable, including Font Type, Font Size and Chart Location: Upper Left/Center/Right OR Lower Left/Center/Right, with a little twist of adjusting the Offset, just
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ATR Monitor
Flavio Jarabeck
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ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. If you want to monitor several timeframes in the same chart, just add the ATR Monitor indicator several tim
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Market Momentum
Flavio Jarabeck
3.86 (7)
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
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ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
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Arrows Cleaner
Flavio Jarabeck
4.83 (6)
For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the tex
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The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
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Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
30 USD
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Bernardo Carvalho
649
Bernardo Carvalho 2023.03.13 19:40 
 

Very good indicator, it cuts a lot of false signals

Wan Ping Fei
1790
Wan Ping Fei 2021.02.20 09:37 
 

💯💯💯

Aleksandr Tamonin
4096
Aleksandr Tamonin 2021.01.23 14:42 
 

Хороший вариант RSI, пригодится как фильтр сигналов. Спасибо автору!

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