Smart RSI

RSI (Relative Strength Index), developed by the Welles Wilder is a technical indicator used by many traders in their technical analysis. This indicator is an oscillator one, used to measure the magnitude of directional price movements.

The SmartRSI is a very useful indicator and very easy to use. It comes with an improved version of the standard RSI by the next options:

• The plot of the indicator can be colored differently depending on the indicator range values
• Despite on the classic RSI, here you can choose the type of moving average for the RSI calculation. You can choose from a large variety of moving average types.
• Two different type of calculation for the potential signal that the indicator will provide (based or RSI or on the Average)
• The possibility to have the zone between the overbought and oversold areas shaded
• Multiple types of painting, once a potential signal appears (Bars paint, Background paint)
• A large variety of signal and alerts: Sound alerts, Email alert, Twitter alert, Pop-up message alert etc.