RSI Trend Filtering
This indicator is designed to filter trends. Known to many uses RSI indicator. This indicator is designed to confirm the trend.
It can be used independently. It can be used as an auxiliary tool for the other indicators. He is already a trend indicator.
You can confirm it signals other indicators in line with your strategy. RSI Trend Filtering confirms the trend indicator by a series of complex algorithms.
Red bars below zero indicate a downward trend. Blue bars above zero indicate an upward trend. If the indicator does not show any colors, this means the instability of the trend.
Options
- PeriodRSI - RSI period indicator.
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