The RSI lab is all about the Relative Strength Index which was developed by J. Welles Wilder and published in 1978. This section takes an in-depth look at the foundations for my RSI work and all the thoughts, studies and applications of this analysis. RSI is the primary momentum indicator that I follow. I prefer it because it is the most dynamic momentum indicator I have found. For me it has some extremely useful applications outside the traditional overbought/oversold momentum analysis.
Above are links to an educational series on RSI as well as other explanatory posts that give more insight into the many ways I have learned to use the Relative Strength Index over the last decade. The Nitrous Scan also originated from my RSI work, but has grown to deserve its own section as it has proven to be a scan that provides a consistent flow of ideas in most market environments. Below you can also find links to other RSI posts I have written on using the Relative Strength Index through the years. I feel if you take the time to study the RSI in more detail, you will find just how dynamic it really is. I hope these posts provide value in your studies.
RSI Educational Blog Posts
Monthly Starting with the longest time frame, the monthly candles are impressive. All bullish engulfing patterns after working off the overbought RSI readings while remaining in solid bull ranges and checking back with the MA Bands. Long term trend remains up with RSI & CFG turning up in bull ranges Weekly The weekly level shows just30Read More
At the end of May my post Pick Your Poison was about looking at different timeframes and realizing choosing a time frame to focus on can dictate how you view the markets. I also discussed it was an exercise I like to each month. I find it especially helpful after months like July that shake30Read More
I like it when months end on a weekend, it gives me a chance to work my way from long to short term in the Triple Play Charts. Here are all the time frames I watch on a regular basis in one fell swoop. Monthly Weekly Daily 65 minute 30minute 5 minute I like doing30Read More
Below is a video to explain all the information available in my RSI Charts. These charts are the basis for the Triple Play Charts as well as other posts on this blog. If you want more in depth RSI review be sure to check out The RSI Series as well. Also if you want a printable30Read More
I have been posting the Triple play charts daily for a while now on many different time frames. I think it is good to look at the major indexes side by side to see how things are shaping up and help get an idea of where to focus. However, this weekend I realized there is30Read More
Yes, my Motorhead friends out there know exactly what I am talking about; the rest of you put on your seatbelt and let me explain. Nitrous Oxide Systems (NOS) have been used for decades to mix with the gas in cars to add a burst of power when turned on. The power you feel is30Read More
There are different ways to approach market analysis. I utilize a top down approach. Those who follow me know I post the TP (Triple Play) charts daily. This shot shows an RSI chart of $SPY $IWM $QQQ . Lets take a quick look at the Triple Play charts I posted putting three levels together for30Read More
Originally posted 08/03/2011) This post is part of a multipart series. If you wish to start at the beginning go to Taking RSI to the Next Level As I wind this series down on Andrew’s RSI work, I finally have something for the short term traders. The last tip I will leave with you is that size does30Read More
(Originally published 7/29/2011) This post is part of a multipart series. If you wish to start at the beginning go to Taking RSI to the Next Level Every trader at some point deals with divergences as they learn technical analysis. Divergence is a very generic term and can be applied to any two datasets, but most30Read More
(Originally posted 7/23/2011) This post is part of a multipart series. If you wish to start at the beginning go to Taking RSI to the Next Level Among the many nuances that Andrew extracted from the RSI in his research, the one I think that defines the effort the best would have to be positive30Read More