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MATHR3E Range Conquest Index

█ OVERVIEW

MATHR3E Range Conquest Index (RCI) is an arithmetic oscillator for trend analysis.



█ CONCEPTS

Disclaimer
MATHR3E RCI indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor.
It was originally developed by a renowned market analyst and documented in numerous books. Among them is the author Jason Perl.
It is recommended to have read the trading techniques mentioned in the books covering this indicator beforehand.

Introduction
MATHR3E RCI can serve several purposes:
 • By helping to confirm price reversals.
 • By giving low risk potential entry indication
 • By outlining the emergence of a price trend

How to use
MATHR3E RCI is a dual oscillator.
Each oscillator compares the price evolution of a given day with that of two trading days earlier.
They differ in the amount of trading bars taken into account when calculating the RCI.

Oscillator values fluctuate between overbought and oversold levels
The time spent above or below these levels is compared to the Duration Analysis parameter (in bars).
When it is greater than this Duration, an excessive move is underway which usually require the oscillator to return to the neutral zone.
Strengths or weaknesses are then detected when the oscillator returns to its zone of excess by marking a mild reading, i.e. spending less time than the duration analysis parameter.



█ FEATURES & BENEFITS

Versatile
The indicator is designed to work with other indicators by the same author, including the identification of exhaustion points.
This indicator can be applied to any market or time frame.

Price Oscillator Qualifier
Identify low-risk buy or sell opportunities with
 • Qualified upside breakouts
 • Qualified downside breakouts

Fully Customizable
Multiples settings available to configure
 • Oscillator Periods
 • Duration Analysis
 • Overbought and oversold reading

Alerts
Get notified on:
 • Weakness signal
 • Strength signal
 • POQ signals
continuationOscillatorsPOQRCIreversaltrendTrend Analysis

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