The Harmonic Strength Index (HSI) is a newly-developed oscillator that seeks to optimize the signaling properties identified in RSI by Scott Carney for the methodology of harmonic trading. Co-developed by Scott Carney and Keegan McClellan, it represents a new perspective on Wilder’s original work.
Its principal advantage exists in the confirmation of harmonic patterns, assistance in entry point identification, measurement and monitoring of trend segments and identification of trend integrity, identification of key inflection points in price and as a tool for position management. It is designed to replace RSI for harmonic traders.
Subscription will be billed in monthly installments. All cancellations must be submitted in writing and will be applied to the next billing cycle.