Preliminary exploration of Constance Brown's trading style with a focus on divergence plotting with the Composite Index, RSI + Averages, and the Derivative Oscillator.
first, hide the price action + derivative oscillator so they're not visible, and only the RSI + CBCI are visible:
next, plot vertical lines where the CBCI (gray) crosses above or below...
Example chart testing artificial range clamping for the Constance Brown Composite Index (CBCI), which was deliberately designed to not be range bound to address some of the limitations and shortcomings of the RSI formula.
Here, an artificial value clamp/range bound 0-100 is reintroduced in the name of science, to see what would happen to key crossovers on a...