A bullish bias remains after USD/JPY broke above a three-year trendline and continues to trade strongly in a supportive market. Supportive forces include Japanese equities via the Nikkei 225 that is testing 2018 highs (just like USD/JPY,) alongside the highly correlated (40-day rolling at +0.8921) US Treasury 2yr yield that has risen from 2.58 in mid-August when USDJPY traded at 109.97 to 2.839 today, which is a rise of 25.4bps or 9.8% as the Fed is expected to be more hawkish on an overheating ...
ContentsIntroductionSelecting the indicatorModifying the RSI indicator The first version. Adding signal buffersThe second version. Adding buffers of signal countersThe third version. Increasing the number of signals, eliminating skipsThe fourth version. Moving the indicator to the main chart window Determining a true barAdding the ATR indicatorSignal filtering in the RSI indicatorThe fifth version. Universal RSI indicator for working in two directions simultaneously ...
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