The "RSI With Noise Elimination Technology" (NET) is an indicator developed by John Elhers. The indicator is simply a rolling Kendall rank correlation coefficient of a normalized momentum oscillator (a version of the RSI introduced by Elhers in the May 2018 issue of Stocks & Commodities).
As a technical indicator, NET employs Kendall correlation to eliminate nonlinear noise. However, the application of additional filters reimagined a popular tool under the v2v dynamic trading system... dynamic MyNET
The NET is a modified version of the RocketRSI Relative Strength Index. A one-bar close price difference is calculated as the ratio between their absolute values and the sum of the recent one-bar close price differences.
Screenshot_123.png General Staff of the Armed 
