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Parabolic RSI
The Parabolic RSI is a fusion between two of Welles Wilder Jr.'s indicators:
* The parabolic stop-and-reverse: A trend following overlay indicator.
* The relative strength index: A contrarian indicator bounded between 0 and 100.
The parabolic RSI applies the RSI formula on the parabolic stop-and-reverse which in turn is applied on the market price. The main aim is to find an oscillator similar to the RSI but with a touch of a trend following indicator. In other words, the parabolic RSI is to be used in tandem with the regular RSI to get a confirmatory signal. Generally the parabolic RSI is more stable than the RSI due to the formula used (a type of smoothing from the parabolic stop-and-reverse) which is why it may have a diversification factor with the signals from the RSI.
The best way to use the parabolic RSI is as follows:
* A long signal is generated whenever the parabolic RSI exits the oversold level.
* A short signal is generated whenever the parabolic RSI exits the overbought level.
* The parabolic stop-and-reverse: A trend following overlay indicator.
* The relative strength index: A contrarian indicator bounded between 0 and 100.
The parabolic RSI applies the RSI formula on the parabolic stop-and-reverse which in turn is applied on the market price. The main aim is to find an oscillator similar to the RSI but with a touch of a trend following indicator. In other words, the parabolic RSI is to be used in tandem with the regular RSI to get a confirmatory signal. Generally the parabolic RSI is more stable than the RSI due to the formula used (a type of smoothing from the parabolic stop-and-reverse) which is why it may have a diversification factor with the signals from the RSI.
The best way to use the parabolic RSI is as follows:
* A long signal is generated whenever the parabolic RSI exits the oversold level.
* A short signal is generated whenever the parabolic RSI exits the overbought level.
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Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.