Rank Correlation Index (RCI) – FX Replay Guide
The Rank Correlation Index (RCI) on FX Replay helps you spot when the market is out of sync with itself — a sign that a reversal or momentum shift might be around the corner. Think of it like a smarter RSI that looks at time and price together.
How to Use RCI in FX Replay
Watch for Extremes:
- RCI above +80? Market could be topping out — look for bearish setups
- RCI below -80? Market may be bottoming — look for bullish setups
Look for Crossovers:
- When RCI crosses the zero line or its moving average, it can hint that momentum is flipping
- Use this alongside Market Structure or Chop Zone to confirm early
Pair it for Power:
- RCI is great with Inside Bar, FVG, or PO3° to confirm high-probability reversals
- Example: RCI hits +90, and PO3° shows high timeframe exhaustion — boom, reversal entry
Tune the Settings:
- Try 9, 14, or 20-period RCI settings
- Select “close” as your price source for most cases — but experiment if needed for precision
Backtest with Replay:
- Use Replay Mode to see how RCI responds near key highs/lows
- Watch for consistent divergence patterns that signal reversal zones