Jeff and Josi this is interesting. Check out these standard RSI settings, it creates a bit of a channel and although not as rapid, gives us some nice reversal points.ionone wrote: Wed Aug 18, 2021 9:32 pm I played around a bit with the algorithm and came up with this version. Which is totally different from previous version 01
might be of use, looks good ! especially the bottom one which nails the tops and bottoms
first settings is : 20,20,false,7
second settings is : 20,20,true,-7
EDIT : this is experimental, no guarantee !
- RSI Period: 14
- MA Period: 20
- invBands: False
Here's a template below. What do you think?