can have any input, but most commonly used is the closing price. I thought it would be interesting to see if feeding the open high low and close information into the RSI
to make RSI
candles, if there are candlestick
formations that can be recognized or possible patters in wicks.
To make it smoother there also is the option to turn the RSI
candles into Heiken Ashi form, just check the box labeled HA. The result is an RSI
that is easier on the eyes.
Remember to not take everything too seriously