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Jurik RSX (TV)

The Jurik RSX indicator is one of the smoothest and less noisy RSI like indicator.

The Jurik RSX indicator, is a powerful technical analysis tool used by traders to gauge the strength and direction of price trends in financial markets. Developed by Jurik Research, this indicator employs filtering formulas and smoothing techniques to provide a more responsive and accurate representation of price momentum than traditional RSI indicators. This indicator is often considered a smoother and "less noisy" version of the Relative Strength Index (RSI).

The Jurik RSX Features:
    • Custom input price: This can be useful for analyzing different price data but ensure compatibility with the indicator's design and potential limitations.
    • Dynamic upper and lower limits: Upper and lower limits are dynamically adjusted based a lookback period determined by the user.
    • Fourier transform: Additional smoothing could be conducted by applying Fisher Transform to the output.
    • Bullish and Bear trend are available by default.

Review Screenshots for demonstration and further functionality.

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