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Esqvair's Relative Strength Index

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The Indicator

Esqvair's Relative Strength Index is the another modification of very popular Relative Strength Index by J. Welles Wilder

The Modification

This version uses de-lagged price as source, de-lagging price improves performance of the indicator.

How to use

The ways of usage are same as original Relative Strength Index that means you can use it as overbought and oversold indicator or as divergence indicator.

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