Profitable Jurik RSX

2019년 7월 21일

Introduction
As you know the Jurik RSX is a "noise free" smoothed version of RSI (Relative Strength Index), with no added lag.
It was originally developed by Mark Jurik and is used the same way as RSI. To learn more about this indicator see http://www.jurikres.com/catalog1/ms_rsx.htm

The most basic and common strategy is to use the crossovers between Jurik RSX and its overbought/oversold levels as trade signals:

• when RSX crosses above 30, go Long
• when RSX crosses below 70, go Short
• exit when a crossover occurs in the opposite direction
  

What is this tool?
This tool is a performance scanner that uses a decision tree-based algorithm under the hood to find the most profitable settings for Jurik RSX. It analyzes the range of periods between 2 to 100 and backtests the Jurik RSX for each period (using the strategy mentioned above) across the entire history of an instrument. If the more profitable parameter was found, the indicator will switch its value to the found one immediately.

So, instead of manually selecting parameters just apply it to your chart and relax - the algorithm will do it for you, everywhere you want.

The algorithm can work in two modes: Basic and Early Switch. The Early Switch algorithm makes some assumptions and activates a set of optimizations to find a better setting DURING the trades, not after they were actually closed.

The difference is illustrated on the screenshot below


But two modes can show identical values depending on timeframe


Additionally you can set up a backtest window through indicator's settings (the optimizers which were published before will get this feature soon).

Alerts
It has a special alert that notifies when a more profitable period was detected.

NOTE: It does not change what has already been plotted.
NOTE 2: This is not a strategy, but an algorithmic optimizer.

2019년 8월 22일

릴리즈 노트

• Optimization update
  

2019년 9월 7일

릴리즈 노트

• Removed the end date for analysis
  

2019년 10월 10일

릴리즈 노트

• Added OB/OS levels optimization (OB: from 60 to 70, OS: from 30 to 40)
  

2019년 12월 15일

릴리즈 노트

• Update
  

2020년 3월 15일

릴리즈 노트

• Update
  

2020년 8월 6일

릴리즈 노트

• Update
  

2022년 7월 18일

릴리즈 노트

• Optimization update