Is anybody familiar with the technical indicators from Jurik (http://www.jurikres.com/catalog/catalog.htm)? I'm interested in using their RSX indicator, which is a variant of the RSI indicator, to determine where an Index is going (DJIA, S&P, etc). I want to use it for intra-day market trend-detection. All info is very welcome. Peter Cabus
no, i don't know how exactly it is calculated, but visually it comes across as if a simple low-pass filter has been applied to RSI (just look at how it lags RSI). anyhow, i doubt that RSX is any better than RSI+filter. - jaan
Hi Jaan, What kind of filter would you propose to use? The filter that is applied on RSX is probably not bad since it doesn't create too much lag. I guess that RSX is probably good enough for trend analysis on an index (not for a volatile stock). It's a shame they don't offer test versions. That way I could run some tests. Peter