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Stocks & Commodities V. 39:03 (10–12, 28): In Search Of A Better RSI by Alon Horesh

Stocks & Commodities V. 39:03 (10–12, 28): In Search Of A Better RSI by Alon Horesh

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In Search Of A Better RSI by Alon Horesh

The relative strength index has long been a standard tool for technical analysts. Here, we introduce a new version of it, named the RSING, that offers several important improvements.

The relative strength index (RSI), developed by J. Welles Wilder in the 1970s, is a momentum oscillator that measures the price momentum of a traded asset. It also serves other purposes such as overbought/oversold indications ...
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