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)