Predictive RSI Indicator for TradeStation

Predictive RSI Indicator for TradeStation

100% Money Back Guarantee

Available for TradeStation 8.x
&
TradeStation 2000i (TS2000i)

The TradeStation predictive RSI indicator is designed to calculate the future price required by any market to achieve a predetermined RSI value on the next bar. This TradeStation indicator offers traders who use RSI the ability to anticipate and plan their RSI strategies one bar ahead.

We are confident our indicators will benefit your trading which is why we offer a 100% money back guarantee so you can try out our indicators for yourself and if they are not right for you just let us know within 30 days for a full refund.

Below is a chart from TradeStation showing an example of the predictive RSI indicator displaying price bands. The example uses a 5 period RSI, also included in the chart. The upper band is displaying the price required to achieve an RSI reading of 75 while the lower band displays the price required for an RSI reading of 25. When the price reaches or exceeds the bands the bands change color for easy identification. On the chart you can see that the bands extend one bar beyond the current market price as the predictive RSI indicator calculates in real time the price required on the next bar to achieve an RSI reading of 25/75.

SLE daily chart with predictive RSI TradeStation indicator showing future RSI price bands.

DELL daily chart with predictive RSI TradeStation indicator showing how price exceeded 5/95 intraday and then reversed.

5 minute intraday chart with predictive RSI TradeStation indicator showing price exceeding 20/30 intrabar.

Key Features

The predictive RSI TradeStation indicator has a number of different inputs allowing you to easily adjust the indicator to suit your personal requirements. Here are some of the advantages offered by this indicator:

• Customizable inputs to match the original TradeStation RSI indicator.
• Includes real-time alert function.
• Additional radarscreen information.
• Indicators also provided as functions.

In addition to applying the predictive RSI indicator to a TradeStation chart or radarscreen the indicator can also be applied to the new TradeStation scanner so you can scan all markets simultaneously to find RSI breakouts.

Customizable inputs to match the original TradeStation RSI indicator.

The predictive RSI indicator includes the same inputs found in the regular TradeStation RSI indicator allowing you to synchronize the two indicators together.

Includes real-time alert function.

The predictive RSI indicator includes the option to use TradeStation's real-time alert function giving you the ability to be alerted when prices hit the upper or lower bands.

Additional radarscreen information.

When applied to a TradeStation radarscreen the predictive RSI indicator can be used to scan and sort multiple markets in real-time. The components of the S&P 500 have been inserted into a radarscreen below which has the predictive RSI indicator applied.

The predictive RSI indicator applied to a TradeStation radarscreen.

Within a RadarScreen the indicator displays the upper (OBought) and lower (OSold) band values for the current bar and the next bar. The values displayed for the upper and lower bands of the current bar will change color when price is equal to or exceeds the bands value.

Indicators also provided as functions.

In addition to providing the predictive RSI indicator in standard indicator form, the indicator is also supplied as a function enabling you to incorporate the predictive RSI function into your own indicators and trading strategies.

Continued Support and Updates for a Minimum of 12 Months

All our products come with full support so if you have any problems or require any additional information you can contact us for assistance. We also offer updates for a minimum of 12 months so if any new features are added to these indicators during this time then they can be sent to you for free.

If you have any questions about this, or any other product we offer, please contact us at infotechnicaltradingindicators.com

More Chart Examples

LOW daily chart with predictive RSI TradeStation indicator showing future RSI price bands.

Daily chart of GOOG with predictive RSI TradeStation indicator applied.

Disclaimer

The term “company” or “us” or “we” refers to TechnicalTradingIndicators.com and owners or employees or affiliates of TechnicalTradingIndicators.com. The term “you” refers to the user or customer of TechnicalTradingIndicators.com. The term "information" refers to indicators, strategies, manuals, data, communications and any other associated products and material of TechnicalTradingIndicators.com.

Licence:
You are purchasing a single user licence which may not be transferred or resold. The product and/or information shall not be copied, distributed, disclosed, disseminated or communicated in any way or form to a third party.

Disclaimer:
All information provided is for educational purposes only. The company is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The company may hold positions in the stocks, currencies or industries discussed here.

You understand and acknowledge that there is a high degree of risk involved in trading securities and/or currencies. The Company assume no responsibility or liability for your trading and investment results and you agree not to hold the company liable for any monetary loss and/or damages of any kind. There is a high degree of risk in trading and you should always consult a qualified advisor about the suitability of any investment.

It should not be assumed that the information presented will be profitable or that it will not result in losses. All information including performance reports and charts are based upon simulated trading and do not include slippage or commission unless otherwise stated. Care has been taken in the preparation of the information. However, we do not make any representations or warranties as to the accuracy of the information provided. Information and products provided by the Company rely on data from third party sources which may or may not be accurate and no guarantee is given to the accuracy or completeness of the data used or information provided.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Tradestation Disclaimer:
“Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved or recommended, and neither does or will review, certify, endorse, approve, disapprove or recommend, any trading software tool that is designed to be compatible with the TradeStation Open Platform.”

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