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Heffae Clouds + Heffae Quantum RSI

New indicator in the pipeline, thought I would break it out for show & tell.
I am short.
COULD REVERSE AND CONTUINUE UP!!!

Qrsi stands for Quantum Relative Strength Index, and uses Heffae adaptive support/resistance maths as well as some other tricks to develop a "price theory" which functions as a type of relative strength within support and resistance channels.

How is this better than regular RSI?

Beacuse it shows support and resistance levels as whole numbers from -10 to +10. With discrete levels of overbought / oversold and the zero-point functioning as the basis of significant levels for the price, this can show divs more accurately than RSI could ever dream of.

How is this calculated?

The Qrsi uses the latest Pine-Script syntax update that allows optimized code to be ran on quantum computers at Oak Ridge National laboratory. ;p

The Quantum RSI you see here is plotted as candlesticks in order to have all four O,H,L,C values on the same oscillator without spaghetti. You can toggle between candles and a regular line for relative strength compared to support and resistance channels. Support and Resistance Values are QUANTIZED at levels 1,2,3,..5,7, etc.

Each whole number (1 thru 10) represents a calculated support or resistance value. You will see that the price often turns around on whole numbers, 4,5,7, etc.
Can also be used just like a classic RSI to spot divergances. It is MUCH better at showing divergences than a regular RSI.

Ground-breaking earth quaking awesome sauce.

In a nutshell, Heffae Qrsi displays the qrsi as the price level relative to the math, where Heffae clouds are the math displayed relative to price.

Now that I have this, do I need regular RSI anymore?

- No, not really. :)

I mean, is this really BETTER than rsi?

- Yes. Way better. It's complex, which doesn't necessarily make it better... but all the extra thinking compared to a classical RSI is so you don't have to.