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T3 RSI is a VertexFX client side VTL indicator based on RSI indicator, and is calculated using the T3 smoothing methodology.
The smoothing attempts to reduce the lag and provide the trading trigger. T3 RSI indicator is made from two components; the RSI (white) which is the standard RSI calculated using the RSI_PERIOD, the second component is the T3 RSI (red), which is calculated by smoothing the RSI using the T3 smoothing method using the T3_PERIOD and T3_CURVATURE as the smoothing constant. Both of these indicators are plotted together, and the T3 RSI (red) provides as the signal trigger to the standard RSI.
(Downloads - 1450)
T3 RSI is a VertexFX client side VTL indicator based on RSI indicator, and is calculated using the T3 smoothing methodology.
The smoothing attempts to reduce the lag and provide the trading trigger. T3 RSI indicator is made from two components; the RSI (white) which is the standard RSI calculated using the RSI_PERIOD, the second component is the T3 RSI (red), which is calculated by smoothing the RSI using the T3 smoothing method using the T3_PERIOD and T3_CURVATURE as the smoothing constant. Both of these indicators are plotted together, and the T3 RSI (red) provides as the signal trigger to the standard RSI.
BUY – Place Buy position when the RSI (white) closes above the T3 RSI (red) from below. Both indicators must be below the 35 level.
SELL – Place Sell position when the RSI (white) closes below the T3 RSI (red) from above. Both indicators must be above the 65 level.
Additional information
Plugin-Type | Client VTL – Custom Indicator |
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Compatibility |