Theory:
When it comes to filtering RSI signals, using averages can be quite effective. This version utilizes a 'smoother' method—often referred to as the Jurik smoother—designed to refine those signals for better clarity. If you prefer to disable this filtering effect, simply set the smoother period to less than or equal to 1.
Usage:
One way to interpret the signals is through color changes. These shifts can be a straightforward way to identify potential trading opportunities.
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