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RSX on RSX
The power of using low-lag, ultra smooth indicators is that you can safely experiment with feeding one indicator to another without signal degradation. Here is an example... The "RSX on RSX" indicator feeds the output of RSX on price to another RSX and plots a blended combination of both. This approach analyzes trend acceleration as well as momentum and thereby does a better job in synchronizing with market reversals, typically found in a tight trading range. Here we see the indicator in three different display modes.
The chart below shows the RSX-on-RSX oscillator. To this chart we added a simple strategy designed to enter LONG when the color changes to cyan and SHORT when it changes to brown.
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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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