ninjatrader/indicators/cumulative-rsi/README.md

23 lines
723 B
Markdown

# 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*](https://moshferatu.dev/moshferatu/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](./screenshots/cumulative_rsi.png)
---