Usage of an enhanced RSI indicator to spot turns

5. Sept. 2017

The following chart shows the enhanced RSI indicator in with the settings of the current dominant market cycle. The cyclic-smoothed (cRSI) indicator is able to indicate price turns analog to indicator turns above/below the cyclic lower/upper much clearer than the basic RSI.

The indicator is available for usage in TradingView: https://www.tradingview.com/script/l4tO5Smh-RSI-cyclic-smoothed/

17. Sept. 2017

Trade geschlossen: Ziel wurde erreicht

cRSI turned up below bands. Dominant cycle still 61. Lets see...

13. Okt. 2017

Anmerkung

Signal Review:
This example was a real live example to follow the cyclic-tuned enhanced RSI with the latest BUY signal @3600 on 17th Sept. with an following +50% upmove to 5500!