Author's indicator ARSIS: smooth market model without lag
ARSIS indicator (Adaptiv Relative Strength Index Smooth) is a modification of the popular RSI oscillatorThe author of which is Kasander, a user of the forexsystemsru.com forum.
ARSIS indicator is an attempt to create a smooth market model that does not lag in time. The principle of multiple smoothing by itself at the parameters with the minimum period of each subsequent knee, based on the indicator that has the property not to deviate from the price to the right at a period of 2 to 5, was used in the implementation.
Signals to enter the market are the crossing of lines 1 (green) and 10 (red) of the ARSIS indicator:
- the green line crosses the red line from top to bottom - a sell signal;
- the green line crosses the red line from bottom to top - a buy signal.
In the author's opinion, the ARSIS indicator looks the most promising on Renko charts. Here is the second version of the indicator, in which QQE Smooth and BB Super Smooth filters are implemented.
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