Using Jurik-Smoothed RSI to Assess Trend Strength
Summary
The document describes a trend-strength indicator that uses changes in a smoothed relative strength index to judge whether price movement has become significant enough to count as a trend. Its stated aim is to distinguish meaningful directional movement from ordinary fluctuations.
The approach uses Jurik smoothing for the RSI input, claiming that it responds quickly to value changes while keeping the series smooth. The resulting series is then used in the trend-strength calculation to generate entry points. The document offers no formula, parameter settings, chart examples, or measured performance to evaluate that claim. It also gives no market, timeframe, or rules for exits and risk controls, so the indicator description alone is insufficient to establish robustness or how it should be traded.
Key ideas
- Trend strength is assessed by deciding whether an indicator's change is significant enough to indicate a trend.
- The described calculation uses a Jurik-smoothed RSI as its input.
- The document says the smoothing is responsive while remaining smooth.
- No calculation details or performance evidence are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.