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Real-Time RSI Map (RT-RSI)

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🌀 Real-Time RSI Map (RT-RSI) is an enhanced RSI-based indicator designed to address key limitations of the traditional Relative Strength Index. It specifically solves two major issues:

✅ Real-time tracking of RSI dynamics in relation to price – RRSI captures price levels where RSI briefly enters extreme overbought or oversold zones during the trading session, allowing traders to assess actual intraday "buy/sell" signals rather than relying solely on the closing RSI value.

✅ Fills the gap where RSI spikes intraday but closes neutral – Traditional RSI often misses significant intraday movements that reverse before close. RRSI records these temporary extremes, helping traders detect valuable signals that would otherwise be lost.

📌 Key Benefits:

Identifies price points corresponding to momentary RSI extremes, revealing hidden opportunities

Helps distinguish between true overbought/oversold moves and false breakouts

Especially valuable for active traders and intraday strategies as a real-time signal reference

📐 Fully customizable and compatible with other indicators like RSI, Bollinger Bands, and MACD to build more complete entry/exit systems.

Penafian

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