How come there is RSI 1 rsi 2 and rsi 3?

The RSI values (1, 2, and 3) that I referenced are related to different aspects of the Relative Strength Index (RSI) indicator and its applications:

1. **RSI 1**: This refers to the standard Relative Strength Index indicator. It is a momentum oscillator that measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions. An RSI of 30 or below is typically considered oversold, indicating a security may be undervalued and due for a price increase. An RSI above 70 is considered overbought, suggesting that a security may be overvalued and due for a price correction.
2. **RSI 2**: This is a specific trading strategy developed by Larry Connors. It involves using the Relative Strength Index to identify buy and sell signals within an ongoing trend. The strategy looks for opportunities to buy when the 2-period RSI moves below 10 (indicating oversold conditions) and sell when it moves above 95 (indicating overbought conditions). RSI 2 is a mean-reversion strategy, aiming to capitalize on price movements that revert to the mean.
3. **RSI 3**: This refers to a modified version of the RSI strategy, often called the Triple RSI Strategy. This strategy involves using three RSI indicators with varying periods (e.g., 5, 14, and 21) to provide a clearer picture of market trends and reduce the likelihood of false signals. By combining multiple RSI indicators, traders can better identify overbought and oversold conditions and improve the accuracy of their trading decisions.

In summary, RSI 1 is the standard indicator used to measure momentum and identify overbought/oversold conditions, RSI 2 is a specific trading strategy that uses RSI to generate buy and sell signals, and RSI 3 is a more advanced strategy that employs multiple RSI indicators to improve trade accuracy.