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This is an advanced version of my RSI Cyclic indicator. The other version is already a very powerful tool but it requires a manual change of the dominant cycle each time it is used and it is not obvious or easy to do and it does not offer signals. This version uses a Fast Fourier Transform (FFT) to automatically detect the current dominant cycle and uses it as new input for the indicator each tick which dynamically updates the chart. It can be used without the signals simply looking at the color
Cyclic Smoothed Relative Strength Indicator The cyclic smoothed RSI indicator is an enhancement of the classic RSI, adding additional smoothing according to the market vibration, adaptive upper and lower bands according to the cyclic memory and using the current dominant cycle length as input for the indicator. The cRSI is used like a standard indicator. The chart highlights trading signals where the signal line crosses above or below the adaptive lower/upper bands. It is much more responsive to