Relative Strength Quality Index (RSX)

Category: momentum

The RSX (Relative Strength Quality Index) is an advanced version of the RSI that uses Jurik-style smoothing (JMA) to reduce noise and lag, providing a smoother oscillator for identifying overbought/oversold conditions.

Formula

RSX = 50 * (1 + (JMA(Change) / JMA(AbsChange)))\nwhere JMA is a multi-step recursive smoothing filter applied to H+L deltas.

Inputs

• Len (default: 14)

See signal primitives and every published strategy that uses Relative Strength Quality Index (RSX) on WOBR StrategyVerse.