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Turbo RSI is a responsive indicator for very short-term trading. Which is primarily used to track short-term trends and to maintain short-term bias. Hence the recommended timeframe is Daily or 4 Hourly.
Supported Software: Amibroker (32-Bit) – 6.0+ or higher version
Rising Turbo RSI value or Green Color Histogram bars indicate – bullish bias
Falling Turbo RSI value or Red Color Histogram Bars indicate – bearish bias
Turbo RSI is not a trading system but can be used as a supportive tool for discretionary trading and to take very short term positional trading decisions.
1 Month, 3 Months, 6 Months, 1 Year