Synthetic RSI from Three RSI Calculations with Optional EMA Pre-Filtering

Summary

This indicator constructs a synthetic RSI value from three separate RSI instances. The combined value is explicitly not a simple average; the document notes that a different calculation is used but does not explain its formula. Before the RSI calculations, input prices are pre-filtered, adding an additional processing step to the indicator.

The EMA periods control that price pre-filtering. Setting all EMA periods to one or less disables the filtering, allowing the RSI calculations to use unfiltered prices. The description offers no parameter values, interpretation thresholds, trading rules, chart examples, or performance evidence. As a result, it explains the indicator’s basic construction and how to bypass one component, but leaves the synthetic combination method unspecified; users cannot reproduce its calculation from this description alone.

Key ideas

• The indicator combines three RSI instances into a synthetic value.
• The synthetic value is calculated with a method other than a simple average.
• Input prices are pre-filtered before they are used in the RSI calculations.
• EMA periods at or below one disable the pre-filtering step.
• The calculation formula and evidence of trading performance are not provided.

Tags

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