Enhanced Moving Average Calculation with Stepped Moving Average and the Advantages over Regular RSI
Technical analysis plays a crucial role in understanding and predicting market trends. One popular indicator used by traders and analysts is the Relative Strength Index (RSI). However, an enhanced approach called Stepped Moving Average, in combination with the...
Generalized Step Moving Average w/ Pips Filter is a stepping function on source input to derive a moving average. This general form the stepping can also be applied to any other input such as EMA, SMA, HMA, WMA, etc.. This moving average employ a filtering system based on the following:
Core filter, both min and max value: pips * (multiplier) or the (average of...
![BTCUSDT: Step RSI [Loxx]](https://s3.tradingview.com/y/ysqnT8IX_mid.png "Step RSI [Loxx]")
![USDCHF: Generalized Step Moving Average w/ Pips Filter [Loxx]](https://s3.tradingview.com/g/gPyWrDWq_mid.png "Generalized Step Moving Average w/ Pips Filter [Loxx]")