Displaying RSI Relative to a Moving Average

Summary

This indicator description explains a chart display that places the Relative Strength Index in the main chart window alongside a moving average. It identifies configurable inputs for the moving average’s period, calculation method, and applied price, as well as the RSI period and applied price. Upper and lower RSI levels mark potential sell and buy areas, respectively.

The document describes settings rather than a complete trading system. It provides no entry or exit rules beyond those potential zones, and gives no backtest, performance results, or guidance on choosing parameter values. The signals therefore require independent interpretation and testing; the description alone does not establish that the indicator forecasts reversals or improves trading decisions.

Key ideas

• The indicator displays RSI in the main chart window relative to a moving average.
• The moving average can use several averaging methods and price inputs.
• Upper and lower RSI thresholds indicate potential sell and buy areas.
• The document gives no performance evidence or parameter-selection guidance.

Tags

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