935 B
935 B
Cumulative RSI
This indicator simply sums up the previous n-periods (e.g., 2 days) worth of RSI values.
Credit for the idea belongs to Larry Connors in his book Short Term Trading Strategies That Work (2008).
Parameters
RSI Period: The period to use in the RSI calculation. (Default: 2)
RSI Smoothing: The smoothing to use in the RSI calculation. (Default: 1, no smoothing)
Cumulative Period: The number of RSI values to add up. (Default: 2)
Plots
Cumulative RSI: The sum total of the previous RSI values. (Default: Yellow Solid Line 3px)
Screenshots
Strategies
The Cumulative RSI strategy is based on this indicator.