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Mellow RSI

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Like RSI on painkillers. At high dosages, it can be used in a renko-like fashion to confirm changes in trend. At low dosages, it can filter out the noise of regular RSI.

Example at high dosage:

snapshot

Example at low dosage:

snapshot

I also suggest using Heikin Ashis over candlesticks for high dosages, to further reduce noise.

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