RSI Scaling Indicator
- Objective - Use for entry action
- Description - RSI Scaling is the introduction of price to scaling it into 1 Standard deviation. Since the price scaling in general has a wide distribution of data, we need to scaling the data to reduce fragmentation. After that, bring the price data that has been made standardization into the RSI Model.
- Applications - The principle of RSI Scaling is to use it as an executed order
- Recommendation - RSI Scaling should be used in conjunction with indicators used to filter trend. for example Supertrend
Sürüm Notları:
Adding | simple moving average to RSI calculation funciton