TrendRSI: RSI with Fast and Slow Moving Average Signal Lines
Summary
TrendRSI is an indicator that applies two moving averages to a Relative Strength Index series, creating faster and slower signal lines. Its listed settings allow the user to choose the RSI lookback, the input price, each moving average’s period and calculation method, and a horizontal bar shift. The defaults use a 14-period RSI with exponential averages of 9 and 45 periods.
The document identifies the indicator’s original publication history and gives its configurable parameters, but it does not explain a trading rule, entry or exit signals, or how the lines should be interpreted. It also provides no chart-based evaluation, backtest, or performance evidence. Traders would need to define and test their own use of the indicator, including sensitivity to parameter choices and the effects of applying it across different instruments and timeframes.
Key ideas
- TrendRSI smooths the RSI with fast and slow moving averages to provide two signal lines.
- The RSI period, applied price, average periods, average types, and horizontal shift are configurable.
- The default configuration uses a 14-period RSI and exponential averages of 9 and 45 periods.
- The document provides no trading rules or evidence of profitability, so signal interpretation requires separate testing.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.