MyRSI’s Range and Differences from Standard RSI

Summary

MyRSI is presented as a variation of the relative strength index associated with John Ehlers. Its values use a range from -1 to 1, making the zero line a possible signal reference. This differs from conventional RSI’s scale and means familiar threshold signals, such as using the midpoint of standard RSI, do not transfer directly.

The note says MyRSI can otherwise be used in the same general way as an RSI. It gives no calculation details, parameter guidance, charts, performance evidence, or trading rules, so it does not establish whether zero crossings or other interpretations are profitable. Readers would need to consult a fuller definition and test any signals for their market and timeframe.

Key ideas

• MyRSI is described as an RSI variation associated with John Ehlers.
• Its output ranges from -1 to 1, so zero can serve as a reference level.
• Its values and signals differ from those of standard RSI.
• The note gives no formula or performance evidence for trading signals.

Tags

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