One issue with the famouse RSI indicator is that it is too sensitive in some cases and thus, might give false signals if we are eager to use those signals.
If we increase the length of the RSI, it might give too few signals which is not ideal as well.
This Composite RSI indicator was created to utilize the RSI strength, using 3 RSIs (with different length) in...
PA-Adaptive, Stepped-MA of Composite RSI is an RSI indicator using a different kind of RSI called Composite RSI. This indicator is Phase Accumulation Cycle Adaptive and uses a stepped moving average.
What is Composite RSI?
The name of the composite RSI might mislead a bit.
Composite RSI is not "compositing" RSIs but is a rather new way of calculating the...
![USDCAD: PA-Adaptive, Stepped-MA of Composite RSI [Loxx]](https://s3.tradingview.com/h/hpgMj9fT_mid.png "PA-Adaptive, Stepped-MA of Composite RSI [Loxx]")
