OPEN-SOURCE SCRIPT
[blackcat] L1 RSMK
Level 1
Background
This is a modified version of indicator from Markos Katsanos’ article in the March issue, “Using Relative Strength To Outperform The Market”.
Function
In “Using Relative Strength To Outperform The Market” in this issue, author Markos Katsanos presents a trading system based on a new relative strength indicator he calls RSMK. The indicator improves on the traditional relative strength indicator by separating periods of strong or weak relative strength.
I found it helpful for divergence identification.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
Background
This is a modified version of indicator from Markos Katsanos’ article in the March issue, “Using Relative Strength To Outperform The Market”.
Function
In “Using Relative Strength To Outperform The Market” in this issue, author Markos Katsanos presents a trading system based on a new relative strength indicator he calls RSMK. The indicator improves on the traditional relative strength indicator by separating periods of strong or weak relative strength.
I found it helpful for divergence identification.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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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.