Engineering Alpha

Engineering Alpha

The Simple Relative Strength Index

Creating the Simple RSI and Comparing it With the Standard RSI

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Apr 05, 2022
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Momentum and contrarian indicators were not meant to be the holy grail. Using default parameters on a known indicator will not result in a profitable strategy. This is where tweaking and optimization comes in and even though that might not be enough, it is a step towards a better trading system. In this article, the relative strength index is simplified…

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