Byware Group

BRSX (Byware Trend Strength Index)

Replace RSI with BRSX: it’s ultra smooth and accurate.

# Accurate trend strength and direction

#Smooth and timely

# Better than RSI

RSI is a very popular technical indicator ... but it is very noisy.
Our BRSX is a "noise free" version of RSI, with no added lag !!

While the standard momentum indicator measures a trend’s speed, analysts use Wilder's RSI to estimate a trend’s quality. As a trend nears its end, price action becomes more random and quality drops, suggesting an impending reversal.
But the RSI can be very noisy, obscuring accurate estimates. This delays analysis until the picture is more certain. Meanwhile, good trading opportunities are missed and money is “left on the table”.
Unfortunately, attempts to mitigate these problems by smoothing RSI also make the signal slower, further delaying analysis and trades. BRSX solves this problem with a crystal clear picture of both direction and quality of market trends. The chart shows this amazing difference.

BRSX vs RSI

 

BRSX accentuates the basic waveform of the standard RSI while simultaneously lowering noise.