Ultimate Strength Index (USI)

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Ultimate Strength Index (USI)

Postby Apprentice » Tue Dec 10, 2024 7:14 am

SPX500 D1 (12-10-2024 1312).png

Based on the article
https://traders.com/Documentation/FEEDb ... sTips.html
Patreon article
https://www.patreon.com/posts/ultimate- ... =web_share

The Ultimate Strength Index (USI), introduced by John F. Ehlers in the November 2024 issue of Technical Analysis of Stocks & Commodities, is an enhanced version of the traditional Relative Strength Index (RSI). By incorporating Ehlers' UltimateSmoother low-pass filter, the USI significantly reduces lag, providing traders with a more responsive and timely indicator.

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