Using RSX to Smooth Schaff TCD RSI Signals

Summary

This indicator variation replaces the regular RSI component in Schaff TCD with RSX, a smoother form of RSI. The stated purpose is to reduce potential false signals by producing a smoother indicator reading.

The document says this version reaches the 0 and 100 extremes faster than the regular version because of how RSX is calculated. That faster movement may help traders assess possible short-term trend reversals. No formula, chart, test results, or specific trading rules are provided, so the note describes the indicator’s intended behavior rather than evidence of predictive performance.

Key ideas

• The variation uses RSX in place of regular RSI within Schaff TCD.
• RSX is described as producing a smoother indicator result.
• The indicator reaches its extreme readings faster than the regular version.
• Faster extremes may assist with assessing short-term trend reversals.

Tags

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