LBR RSI: Applying a Three-Period RSI to One-Period Price Change
Summary
The document explains the LBR RSI, an oscillator calculated by applying a three-period Relative Strength Index to the one-period rate of change in closing prices. Here, the one-period change is the difference between today’s close and the previous close, so the RSI measures recent strength and weakness in those daily price changes rather than directly applying RSI to the price series. The indicator is displayed with reference levels at 30 and 70, which can help identify relatively low or high readings.
The material defines the calculation but does not provide entry rules, exit rules, asset classes, parameter comparisons, or performance evidence. It therefore offers an indicator construction rather than a complete trading strategy. The reference levels are shown without discussion of how to interpret or validate them across markets and timeframes. The remainder of the source is privacy-policy text and does not add trading guidance.
Key ideas
- LBR RSI applies a three-period RSI to one-period closing-price changes.
- The one-period change is the difference between consecutive daily closes.
- The indicator display includes reference levels at 30 and 70.
- The document gives no trading rules or evidence that the indicator produces profitable signals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.