INDICATOR: RSI PRECISION+ (FREE ON TRADINGVIEW)
The RSI Precision+ is an enhanced version of the “RSI Precision”, a free alternative to RSI you can use on TradingView. The new indicator offers a combination of crucial trading signals, along with the RSI Precision's indications. These are the three categories of built-in trading signals.
- RSI Crossovers/Crossunders (▲▼)
- MACD Crossovers (•)
- SMA Death/Golden Crosses (x)
The new indicator “RSI PRECISION” is an alternative to the popular oscillator ‘Relative Strength Index’ or else RSI. The indicator combines RSI readings with price momentum to offer precise readings at longer timeframes. In addition, it offers a series of built-in trading signals. The RSI Precision is a very useful tool for analyzing volatile financial assets, such as technology stocks and cryptocurrency assets. Especially, in longer timeframes, where the indications of the classic RSI are lacking any precision.