RSIOMA indicator

Category: Indicators By: AlgoAlex Created: April 6, 2018, 7:32 AM
April 6, 2018, 7:32 AM
Indicators
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Hi,

simple code for this powerful trend indicator, the RSIOMA.

It basically takes two moving averages, calculates their RSI, and then also add a moving average of the calculated RSI.

////////////////////////////////////////////////
///////////////////RSIOMA/////////////////////
/////////////////////////////////////////////////
n=14 (periodo dell'RSI e della EMA)
m=21 (periodo della media)



//BuyTrigger =80
//SellTrigger =20
//MajorTrend =50



ma=exponentialaverage[n](close)

rsioma=rsi[n](ma)


marsioma=exponentialaverage[m](rsioma)

return rsioma as "RSI", marsioma as "MA"


///////////////// FINE ///////////////////////////////////////////////

Download
Filename: RSI-OMA.itf
Downloads: 309
AlgoAlex Master
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