Incognito RSI

The Incognito RSI indicator is an advanced internal strength index. It transforms the signal so that the low-frequency components lag behind much more than the high-frequency components. In general, the data of the last bar has more weight than the previous data, like an exponential moving average.

The indicator demonstrates not the relative strength of the compared trading instruments, but the internal strength of a single instrument, therefore it is the “Internal Strength Index”. This is an advanced form of the RSI indicator.
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