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RSX on RSX reversals


The "RSX on RSX" indicator feeds the output of RSX on price to another RSX and plots the result. Standard RSX analyzes trend strength, but RSX-on-RSX analyzes trend acceleration. This synchronizes RSX with rapid market reversals, typically found in a tight trading range.

This particular indicator places an exponentially contracting band around the RSX-on-RSX oscillator. The indicator displays a colored dot each time the oscillator separates from the band. Good for designating buy/sell opportunities.

For more information about RSX, go here.

  • Visual results may vary, and will depend on chart time frame, chart bar type, market symbol and indicator parameter values.

  • All Jurik indicators are optimized to display over a black background.

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