The Adaptive RSI (ARSI) is a technical indicator that combines the principles of the Relative Strength Index (RSI) with an adaptive moving average approach. Unlike the traditional RSI, which uses a fixed period for its calculations, the ARSI dynamically adjusts its smoothing constant based on the current RSI value, making it more responsive to price changes. This is a versatile version of the indicator with plenty of averaging options.
Adaptive RSI Key Features
The indicator offers several customizable features:
- Custom Input: The Reflex oscillator can be displayed with the option to color it based on the oscillation direction, providing visual cues for potential reversals.
- Custom Moving Average: Choose from a variety of moving averages (SMA, EMA, Wilders, Hull, Weighted, VWMA, TEMA, TMA, ALMA, AEMA, KAMA, FRAMA).
- Trend determination based on historical data.
- Custom Trend Color: Trend colors can be enabled or disabled on demand.
Review the screenshots and video for setup options.
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