Usage of an enhanced RSI indicator to spot turns

5 set 2017The following chart shows the enhanced RSI indicator in with the settings of the current dominant market cycle. The cyclic-smoothed (cRSI) indicator is able to indicate price turns analog to indicator turns above/below the cyclic lower/upper much clearer than the basic RSI.

The indicator is available for usage in TradingView: https://www.tradingview.com/script/l4tO5Smh-RSI-cyclic-smoothed/

17 set 2017

Trade chiuso: obiettivo raggiunto

cRSI turned up below bands. Dominant cycle still 61. Lets see...

13 ott 2017

Commento

Signal Review:
This example was a real live example to follow the cyclic-tuned enhanced RSI with the latest BUY signal @3600 on 17th Sept. with an following +50% upmove to 5500!