The RSI BB ANALYTICS uses BB lines as thresholds for a parametric OnChart RSI line. Since BB and RSI helps detect the same signals (oversold/overbought situations), this hybrid indicator will help timing Bollinger Bands and enjoy more the RSI power with respect to volatility.
We recommend using an accepted risk level of 1%. Which means approximately 30% of the price will be out of the BB for the given period (20). Using our Onchart RSI line with a period of 4 will help entering positions
Why having the RSI in a sub window, if we can have it in the main window with much more insight?
RSI ANALYTICS is a market timing technical indicator that works with the same philosophy as the traditional RSI (Relative Strength Index), but instead of being drawn in a sub window, it is drawn in the same window as the asset we working on.
This indicator is built using a given probability distribution that takes the traditional RSI as a parameter.
The indicator is built with two lines: the