Step-Based Moving-Average RSI with Adjustable Smoothing

Summary

The document describes an RSI variant that first smooths price with a configurable moving average, then measures changes across a specified step interval. It sums positive and negative changes and uses those components to calculate RSI. Users can set the RSI period, step size, moving-average period and method, and applied price.

The note explains the indicator’s inputs and the basis of its calculation, but provides no formula details beyond the change definition, performance evidence, or trading rules. It therefore serves as a description of an indicator to explore, not evidence that it produces profitable signals. Results may depend on the selected smoothing settings and price input.

Key ideas

• The indicator calculates changes in a moving average across a configurable step interval.
• It separates positive and negative changes as inputs to the RSI calculation.
• Users can configure the RSI period, step, moving-average settings, and applied price.
• The document provides no tests or evidence of trading performance.

Tags

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