SMOOTHED RSI SWITCH

This more complex take on the traditional RSI provides clearer entry and exit points and looks beyond just overbought/oversold levels, altogether creating a more robust trading strategy.

The RSI is smoothed by the Hull MA with adjustable periods.

Although a variety of strategies can be developed using this indicator. I intended its most profitable use be as follows:

Entries are to be taken when the oscillator flips from red to clear and/or directly from red to green. Sell/short positions are to be take when the oscillator flips from green to clear and/or directly from green to red.