Composite Index

Elliott Wave Theory Glossary

An unbounded momentum oscillator developed by Constance Brown that embeds an RSI rate-of-change term inside the RSI formula and removes the 0--100 bounds, allowing it to continue making new highs (or lows) when RSI saturates above 70 or below 30. It is designed to detect divergences at Wave 3 and Wave 5 extremes that RSI alone misses because RSI flatlines at the boundary.

Sign up free — get all 119 Elliott Wave Theory terms, flashcards & rank tracking →

More Elliott Wave Theory terms

KomFi Academy — Stop doomscrolling. Get KomFi.

Turn wasted screen time into verifiable competence.

KomFi Academy is a curated training platform with 66,000+ practice questions, 25,000+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, SAT, Investment Banking, Private Equity (LBOs & PE math), Private Credit, Quantitative Finance, Financial Accounting, Asset- Backed Securities, Volume Profile Analysis, Order Flow Trading, Market Microstructure, Volume Spread Analysis, Elliott Wave Theory, Volume-Price Analysis, and Public Offering Frameworks.

What's inside

Topics

View pricing · Read testimonials