OmniTrader Professional Forum : OmniScripts : (Yet Another) Improved RSI

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OmniTrader Professional Forum OmniScripts (Yet Another) Improved RSI		Last Activity 9/1/2024 11:18 PM 0 replies, 782 viewings

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THOMAS HELGET

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Subject : (Yet Another) Improved RSI
Posted : 12/29/2021 10:18 AM
Post #31766

Guys:

This comes from the January, 2022 Article in Technical Analysis of Stocks & Commodities entitled "(Yet Another) Improved RSI" by John F. Ehlers.

The Indicator code is attached and produces this plot on the SPY (although Ehlers doesn't identify his Figure 1 as such):

I have outlined some of the key points for comparison and confirmation that the Indicator is matching Ehlers'. Ehlers' Indicator plot is on top and OT's on the bottom.

Tom Helget

[Edited by THOMAS HELGET on 12/29/2021 10:21 AM]

Attached file : RSIH Comparison on SPY.jpg (125KB - 366 downloads)

Attached file : eRSIHann.txt (1KB - 211 downloads)

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