This is Jurik RSX version that accepts price preliminarily filtered using the best original JMA' clone on TradingView
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As Mr. Jurik noticed:
"A smooth (low noise) trend is more efficient than a noisy trend. Given that RSX measures market trend direction and efficiency, it stands to reason that RSX would respond better (display larger dynamic range) when fed pre-smoothed price data. And there's no better way to pre-smooth than by using JMA".
And as the result: "it reverses with the market, showing almost no lag".
Jurik's RSX is a "noise free" version of RSI, with no added lag.
Reference:
As Mr. Jurik noticed:
"A smooth (low noise) trend is more efficient than a noisy trend. Given that RSX measures market trend direction and efficiency, it stands to reason that RSX would respond better (display larger dynamic range) when fed pre-smoothed price data. And there's no better way to pre-smooth than by using JMA".
And as the result: "it reverses with the market, showing almost no lag".
Jurik's RSX is a "noise free" version of RSI, with no added lag.
Reference:
Freelance -> Telegram: @alex_everget
A list of Free indicators:
bit.ly/2S7EPuN
A list of Paid indicators:
bit.ly/33MA81f
Earn $30:
www.tradingview.com/gopro/?share_your_love=everget
A list of Free indicators:
bit.ly/2S7EPuN
A list of Paid indicators:
bit.ly/33MA81f
Earn $30:
www.tradingview.com/gopro/?share_your_love=everget