KivancOzbilgic

MOST on RSI

KivancOzbilgic Wizard Aggiornato   
MOST is applied on this RSI moving average with an extra default option added VAR/VIDYA (Variable Index Dynamic Moving Average)
MOST added on RSI has a Moving Average of RSI and a trailing percent stop level of the Moving Average that can be adjusted by changing the length of the MA and %percent of the stop level.

BUY SIGNAL when the Moving Average Line crosses above the MOST Line
LONG CONDITION when the Moving Average is above the MOST
SELL SIGNAL when Moving Average Line crosses below MOST Line
SHORT CONDITION when the Moving Average is below MOST

-MOST indicator advised to use with Variable Moving Average in the sideways market by its developer Anıl Özekşi, so there are a couple of alternative Moving Average OPTIONS to use in the calculation of MOST:
"SMA", "Bollinger Bands", "EMA", "SMMA (RMA)", "WMA", "VWMA", "VAR"
SMA: Simple Moving Average
EMA: Exponential Movin Average
SMMA (RMA: Smoothed Moving Average, Rolling/Running Moving Average
WMA: Weighted Moving Average
WWMA: Welles Wilder's Moving Average
VAR: Variable Index Dynamic Moving Average aka VIDYA
The Moving Average length and stop loss percent values must be increased for less reliable but late signals. Conversely, it must be decreased to have more and faster signals.

As this indicator is derived from TradingView's built-in RSI, it has Bollinger Bands bounding RSI and a tool that can be used for Bullish & Bearish divergences between the price and RSI. (Show Divergence option)

Finally, users may check the box "Show Signals" to visually see the BUY & SELL signals.
Note di rilascio:
The default Moving Average type changed to VAR/VIDYA.

Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.

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