STD-Filtered Variety RSI of Double Averages w/ DSL [Loxx]
STD-Filtered Variety RSI of Double Averages w/ DSL [Loxx] is a standard deviation step filtered RSI indicator that is calculated using double smoothing. The user can choose from 8 different RSI types and 38 different double smoothing types. This indicator uses Discontinued Signal Lines instead of regular signals and levels. This allows the signals to be more precise in catching early trend breakouts and breakdowns.
Things to note
Double smoothing of the source does not function like DEMA, for example. This double smoothing is just smoothing of smoothing of source
There are two types of smoothing for Discontinued Signals Lines: Regular EMA and Fast EMA
T3 RSI has been added on top of Loxx's Variety RSI library
Contained inside this indicator Loxx's Moving Averages
Loxx's Variety RSI
Related indicators Corrected RSI w/ Floating Levels [Loxx]