Mrtools, thank you for translating this useful standalone indicator for us (and thank you to Mladen for this code).mrtools wrote: Sat Jul 30, 2022 12:10 pm RSX (Relative Strength Quality Index) that does not use "pure" price for calculation but uses adaptive lookback average filtered price for calculation
Being an RSX, it's really nice to see Jurik already incorporated into this one. And from observations, this one is used for trends when the indicator sits at:
- Strong bullish market: 100
- Strong bearish market: 0
I think this one has potential!
