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OMA (One More Average) RSI Histogram [Loxx]
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Explore Algx TradingOMA (One More Average) RSI Histogram [Loxx] is an RSI histogram built using the OMA adaptive moving average. This is meant to filter out the noise from regular RSI. You'll notice that it rarely signals, but the signals that do show up are perfectly set up for mean reversion/trend ATR-based trading.
What is the One More Moving Average (OMA)?
The usual story goes something like this : which is the best moving average? Everyone that ever started to do any kind of technical analysis was pulled into this "game". Comparing, testing, looking for new ones, testing ...
The idea of this one is simple: it should not be itself, but it should be a kind of a chameleon - it should "imitate" as much other moving averages as it can. So the need for zillion different moving averages would diminish. And it should have some extra, of course:
How to use
Included
What is the One More Moving Average (OMA)?
The usual story goes something like this : which is the best moving average? Everyone that ever started to do any kind of technical analysis was pulled into this "game". Comparing, testing, looking for new ones, testing ...
The idea of this one is simple: it should not be itself, but it should be a kind of a chameleon - it should "imitate" as much other moving averages as it can. So the need for zillion different moving averages would diminish. And it should have some extra, of course:
How to use
- Green means buy
- Red means sell
Included
- Bar coloring
Информация о релизе
Updated to MTF
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.