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Smoothed RSI EMA

This is a smoothed version of RSI indicator with an EMA of RSI for signal.
RSI works better for long-term overbought and oversold price levels, and it is great by determining the beginning and ending of bull/bear markets when the weekly RSI crosses one of its thresholds (40 and 60). Two modifications to help smooth the raw RSI signal: the input into the 16-week RSI (useful 16 to 24) is modified by taking the average of the high, low and close; the RSI value is also smoothed with a 3-period EMA.
RSI works better for long-term overbought and oversold price levels, and it is great by determining the beginning and ending of bull/bear markets when the weekly RSI crosses one of its thresholds (40 and 60). Two modifications to help smooth the raw RSI signal: the input into the 16-week RSI (useful 16 to 24) is modified by taking the average of the high, low and close; the RSI value is also smoothed with a 3-period EMA.
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受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。