V. 21:8 (36-43): Reverse Engineering RSI (ll) by Giorgos Siligardos, Ph.D.

V. 21:8 (36-43): Reverse Engineering RSI (ll) by Giorgos Siligardos, Ph.D.
Item# \V21\C08\168SILI.PDF
Availability: In Stock

Product Description

Reverse Engineering RSI (ll) by Giorgos Siligardos, Ph.D.

The Revenge Of The Indicators - Reverse Engineering RSI (II)

I Simplify price projection and get a clearer visual representation with these three indicators.

In the June 2003 STOCKS & COMMODITIES, I introduced the RevEngRSI indicator and showed how it could be used to project support/resistance levels for the price. In that article, I also showed that the curve of this indicator is a transformation of a horizontal line from the relative strength index (RSI) graph to the price graph, which carries the support-resistance attributes of the horizontal line of the RSI graph into support-resistance attributes in the price graph. In this article, I will discuss three more indicators that transform the trendlines and moving averages of RSI into curves in the price graph, simplifying the price projection method and improving its visual representation.


My June S&C article stated that:

• If P is an indicator (such as the closing price of an equity, or an oscillator, and so on), the value of tomorrow’s P that touches tomorrow’s k-period exponential moving average (EMA) of P is exactly the value of today’s k-period exponential moving average of P.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order