Reverse Engineered RSI

Optuma Forums Optuma Feature Requests Reverse Engineered RSI

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    Dean
    • Topics: 2
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    Hi,

    Would it be possible to add the Reverse Engineered RSI to Optuma? Essentially this would allow you to see what closing price would need to be reached on the next bar in order for the RSI to hit a specified value.

    The indicator was introduced by Giorgos E. Siligardos under the name RevEngRSI in a June 2003 article entitled Reverse Engineering RSI in the S&C magazine.

    I attach below an example of how it might look, I think it would be an excellent addition to an outstanding piece of software.

    https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=247608&p=AAPL#&&vs=637781536091265218

    Many thanks,
    Dean

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