There are many basic Relative Strength Indices out there, promising all kinds of different signals. These can be early, but as a result often give many false signals β as a result you get chopped around. And if you set them less sensitive, you may get late on entries, late on exits β costly.
Our π‘π’-π‘π’π has been optimized to tackle this by using a special regression slope for its signal. That way we minimized chopping, while still being quick.
In combination with the Heikin Ashi candles it can be used to get early entries β with high probability of them being correct.
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With its underlying probability-based build, the π‘π’-π‘π’π is perfectly ready to work in confluence with other Quantra indicators on various timeframes and tokens with different market caps.
With our typical visualization, it represents a solid cornerstone within the indicator packages. Using Heikin Ashi candles, the sloped RSIβs values show weight in the candles as well. Additionally, you can detect divergences, and standard deviation bands help identify zones of high or low value.
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Upgrade your old RSI too and learn how to use this with ease - by clicking the button below!