Sell Relative Strength
Index (sRSI) is a VertexFX indicator that is based on enhanced implementation
of the Relative Strength Index (RSI) indicator.
The RSI indicator is
useful in identifying the trend of the strength as well as the end of the
trend. However, one of the drawbacks of the RSI is that it introduces lag.
Another drawback of RSI
is that since all price changes are given equal weight the more recent price
changes are not reflected quickly in the calculations.
To use sRSI Indicator
download it from HERE, then place it at VertexFX VTL directory:
C:\ProgramData\VertexFX Client Terminals\"Company name"\VTL10\Local
VTL Scripts
Then right-click on the
tree and select refresh or restart your client station and you will find under
VTL local scripts in your client terminal.
You can check this video
that talks about sRSI Indicator: