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V. 21:6 (18-30): Reverse Engineering RSI by Giorgos Siligardos, Ph.D.

V. 21:6 (18-30): Reverse Engineering RSI by Giorgos Siligardos, Ph.D.

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Reverse Engineering RSI by Giorgos Siligardos, Ph.D.

Can the inverse of an oscillator help you to forecast closing prices?

Reverse engineering is a mathematical procedure that takes the inverse of an oscillator. In this article I will illustrate this process using J. Welles Wilders relative strength index (RSI). The reverse-engineered RSI, or RevEngRSI for short, can help determine the following time periods closing price using the value of the oscillator.
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