ninjatrader/indicators/cumulative-rsi
2024-09-10 09:11:38 -07:00
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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

Cumulative RSI