Engineering Alpha

Engineering Alpha

Tweaking the RSI in Search for Better Signals

A Simple Modification on the RSI to Find New Uncorrelated Signals

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
May 29, 2023
∙ Paid

The RSI is a great technical tool during ranging markets, but in trending markets it tends to underperform. Every indicator has its weakness. This article tries to weigh a few RSI’s together to deliver a more complete picture.

The Fibonacci Trading Book is finally out! Filled with Fibonacci-based trading methods (tools, indicators, patterns, and strategi…

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