the weekly RSI is to use the close price of the last day of the trading week (in most cases this would be the Friday, but could be Thursday if Friday is public holiday).
the weekly RSI is then combined with the normal (daily) RSI on a daily chart
the basis of the model is to enter long for a high reading of weekly RSI and low reading for daily RSI.
in addition, could this be converted into a 'monthly RSI'?
thanking you in advance for your time - best regards...
...jurgen
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