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Advantage RSI Ultimate Package
Version 3
Advantage RSI removes limitations of regular Relative Strength Index while maintaining its core properties. For more information on what RSI really is, and what you see on your charts please refer to “Support Documents” section. The idea behind developing Advantage RSI was an adjustment of regular RSI to get normalized readings regardless of the calculation period. This way traders can compare, add, subtract, or average RSI readings of different periods, getting the full picture of the current market situation. Another important feature of Advantage RSI is the ability of going below 0 or above 100. This will happen very rarely but will alert a trader of unusual market conditions. Advantage RSI is created by traders for traders. No high science behind it. Just years of market experience, some mathematical calculations and the desire to make trading easier. We believe, that profitable trading is achievable only if you have great tools and understand how to use them. Therefore, do not he...
Advantage RSI removes limitations of regular Relative Strength Index while maintaining its core properties. For more information on what RSI really is, and what you see on your charts please refer to “Support Documents” section. The idea behind developing Advantage RSI was an adjustment of regular RSI to get normalized readings regardless of the calculation period. This way traders can compare, add, subtract, or average RSI readings of different periods, getting the full picture of the current market situation. Another important feature of Advantage RSI is the ability of going below 0 or above 100. This will happen very rarely but will alert a trader of unusual market conditions. Advantage RSI is created by traders for traders. No high science behind it. Just years of market experience, some mathematical calculations and the desire to make trading easier.

We believe, that profitable trading is achievable only if you have great tools and understand how to use them. Therefore, do not hesitate to contact us with any questions or for more information: www.advantagetrading.net

Your feedback is very important to us! If you have any tips to improve our indicators or new trading ideas to implement, please share them with us: newtradingideas@advantagetrading.net
What's New
Version 3
Major Heat Map upgrade

Version 2
New Workspace for TradeStation 9.5.

Version 1
Version 3
Major Heat Map upgrade

Version 2
New Workspace for TradeStation 9.5.

Version 1
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Developer
Requirements
Tradestation 9.5 (Update 16)
Asset Type
Stock, Future, Forex, Option
Style
Swing Trading
Methodology
Counter Trend
Analysis Techniques
Applications
Categories