Super RSI- User Guide PDF revolutionizes the classic Relative Strength Index (RSI) for modern markets. This comprehensive manual introduces the Super RSI™, an advanced indicator package tackling the original RSI’s limitations with features like Dynamic OverBought/OverSold Levels (DOBOS™), which adapt to market conditions, and a state-of-the-art Divergence Engine for automatic detection of bullish/bearish divergences.
It offers smoothed price data, gap filters, and multiple averaging methods (e.g., SMA, EMA) to enhance accuracy. With tools like the PaintBar for color-coded trend visualization and automated scanning across NinjaTrader, TradeStation, and MultiCharts, it empowers traders to identify breakouts and reversals. Expert tips, customizable settings, and a beginner’s guide to divergence trading make this an essential resource for novices and professionals seeking precision in today’s fast-paced trading environment.
Excerpts
The RSI (Relative Strength Index) is one of the most popular technical indicators used
by novice and professional traders alike. It does have one major problem though — it
has become much less effective in today’s dynamic, fast-paced markets. Though it
used to be a great trading indicator, the regular version of the RSI now leaves much to
be desired. As markets evolve, the technical indicators that we rely on to trade
successfully must also evolve. Our Super RSI™ Indicator Package overcomes the
limitations of the old RSI and offers several powerful, new features.
The Super RSI™ includes a variety of new features and customizations that you
won’t find in the classic RSI.
The Super RSI™ utilizes an innovative and proprietary new feature called
DOBOS™, which stands for “Dynamic OverBought/OverSold Levels”.
Instead of always using static values like “70” and “30”, DOBOS™ will
automatically adjust the OB/OS Levels after each bar so that you remain in
perfect harmony with the current market. This is a significantly more
accurate and effective method of determining the OverBought and OverSold
Levels of an Indicator. Furthermore, the DOBOS™ Reversal Signals are
some of the most powerful and accurate of all reversal signals.
The Super RSI™ includes a special “Divergence Engine” that is unlike
anything you have seen before. It is trader-friendly and easy to use, while
still offering numerous advanced features, settings and customizations;
making it ideal for both novice and professional traders.