Tripple Smoothed RSI

2017년 2월 23일

Triple Exponentially Smoothed RSI by Mauritz van der Walt

If you like this idea, find it useful or use it anywhere please inform me @ tradingview.com/u/mauritzwalt/

I use the RSI primarily for divergences and was in need for something more smooth to spot divergences easier without adding too much lag. Therefor I decided to use a Triple Exponential Moving Average (TEMA) to achieve this. /

The settings for all three EMA are exposed. After smoothing I rescale the value between 0 and 100 using the stochastics technique.