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Like other momentum indicators, it is popular used to find overbought and oversold levels in trading. The price is calculated as the closing price, cycle 6 will give the price closer to reality.
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    Dynamic Structure Indicator.

  • This strategy utilizes Pine Script of TradingView.
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    Long trailing stop default color green.

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    This indicator, in my opinion has an exceptional accuracy in detecting RSI divergences.

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  • Lets pick GOOG (Google LLCs stock symbol) to be the target.
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    One popular indicator used by traders and analysts is the Relative Strength Index (RSI).

  • The indicator calculates and displays relative strength RSI on multiple timeframes 1x 4x with 1x being the main timeframe.
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    RSI Buy signal When price > 200 SMA & RSI (2) < 10.

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    RDX Relative Directional Index.