Amplified RSI is a precursor to HSI that was developed with the purpose of optimizing RSI's oscillation to the most suitable frequency for trading with the patterns.
While more prone to extended divergences than HSI, Amplified RSI nevertheless has remained on our charts for its unique ability to signal frequent complex structures along with the accompanying market expectations that this provides us. It also has the advantage of not requiring as much historical chart data to be loaded on the chart in order to display the indicator (only thirteen bars as opposed to approximately five hundred bars of data in HSI's case.)
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Note: The Amplified RSI indicator can also be used in the Market Analyzer. |
To load the Amplified RSI indicator into a chart:
•Right-click in your chart and select the Indicators option from the pop-up menu.
Chart Menu
•The Indicators dialog will be displayed. Scroll down the list under the Available column until you find the hpc indicators.
Indicators Dialog
•Double-click on the hpcAmpRSIIndicator in that list and it will be added into the Configured section of the dialog. You can now adjust any parameters in the Properties section. Click on the OK button when done and the indicator will be loaded into your chart.
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