Introduction
The RSI Plus is an innovative technical analysis tool designed to measure the strength and direction of the market trend. Unlike the traditional RSI indicator, the RSI Plus boasts a distinctive ability to adapt and respond to market volatility, while still minimizing the effects of minor, short-term market fluctuations.
Signal
Sell when the RSI plus has been in the overbought (green) zone some time and it crosses below the 80 level on previous candle close
Buy when the RSI plus has been in the oversold (red) zone some time and it crosses above the 20 level on previous candle close
Can also be used in like the good old RSI indicator
