Chart-Based RSI with Moving-Average Levels

Summary

This note describes an RSI oscillator displayed directly on the price chart alongside a classical moving average. The moving average is used to calculate the RSI’s overbought and oversold levels, combining the oscillator with a chart-based reference for interpreting those zones.

The document gives no parameter details, trading rules, performance evidence, or examples of how the indicator behaves in different markets. It identifies the indicator’s original implementation date, but that history does not establish its effectiveness. Traders would need to inspect the calculation and test any signals before using them.

Key ideas

• The RSI is displayed on the price chart rather than in a separate indicator pane.
• A classical moving average is drawn on the chart alongside the RSI.
• The moving average is used to calculate the RSI’s overbought and oversold levels.
• The note provides no trading rules or evidence of strategy performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.