StockMarketCycles

Usage of an enhanced RSI indicator to spot turns

Utbildning
BITSTAMP:BTCUSD   Bitcoin
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:
Trade stängt: målet nått:
cRSI turned up below bands. Dominant cycle still 61. Lets see...
Kommentera:
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!


Lars von Thienen

Join my blog and never miss an update:
stockmarketcycles.substack.com/
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.