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RSX
RSX measures the direction of a trend and its efficiency, or strength. Used as is, without any extra analysis, RSX synchronizes well with market prices. The chart shows RSX in two display modes, the first is slow with dynamic color and the second is faster without changing color.
The chart below shows trades triggered by this simple rule: enter long if RSX is rising and enter short if RSX is falling. Because trades in this example are triggered by changes in RSX trend, ulta-smooth lines are vital to its success. In contrast, noisy jitter found in the classic RSI would trigger excessive trades.
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The trading strategy shown
above is NOT included with the Jurik Technical Indicator Toolset.
This was shown for demonstration purposes only.
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