Cutler’s RSI is one of forex technical indicator often used in forex technical analysis. Cutler’s RSI is a slight variation of Welles Wilder’s original Relative Strength Index. The RSI is a momentum oscillator used to identify overbought and oversold conditions in a commodity futures market by keying on specific levels, generally 30 and 70, on a chart scaled from 0 to 100.

Cutler’s RSI which is another kind of Welles Wilder’s original Relative Strength Index turns out to be a momentum oscillator used to find and demonstrate overbought and oversold conditions. It does so by keying on special levels – usually 30 and 70 – on a “0 to 100-chart”.

The study can also be used to detect the following:
- Movement which might not be as readily apparent on the bar chart
- Failure swings above 70 or below 30 which indicate reversals
- Support and resistance
- Divergences between RSI and price

It can show the following information: Movement can be not at once clear on the bar chart Failure swings over 70 or under 30 which show reversals Support and resistance. Discrepancies between price Cutler’s RSI and RSI are measured like that: RSI = 100 – (100 / (1 + RS) ).