PROTECTED SOURCE SCRIPT
JAHMUDOS OSCILLATOR
Summary of the Oscillator Indicator
The developed Oscillator Indicator is a powerful tool for analyzing trading opportunities, combining the Simple Moving Average (SMA) and the Relative Strength Index (RSI). The indicator checks and compares the perfectly aligned intersection points of these two technical indicators to generate informed buy or sell signals.
Functionality:
The oscillator analyzes the SMA and RSI to identify ideal intersection points where market conditions are optimal for a long or short entry.
Long signals are generated when the analysis indicates a strong upward trend and an oversold situation in the RSI, presenting a favorable opportunity to enter a buy position.
Short signals arise when the SMA signals a potentially strong downward movement and the RSI indicates an overbought market condition, suggesting a beneficial opportunity to enter a sell position.
Additional Recommendation from the Author:
As the author of this indicator, I believe it is advisable to incorporate the JAHMUDOS 1 and JAHMUDOS indicators. These complement the signaling of the oscillator and help to refine the entry points for trades even further. By combining these indicators, the entry points can be better aligned to increase the likelihood of a successful trade.
Goal of the Indicator:
The indicator aims to provide precise and timely trading signals by combining two of the most well-known and widely used technical indicators. By analyzing the intersections of the SMA and RSI, the oscillator helps identify the best points for market entry and minimizes unnecessary risks.
The developed Oscillator Indicator is a powerful tool for analyzing trading opportunities, combining the Simple Moving Average (SMA) and the Relative Strength Index (RSI). The indicator checks and compares the perfectly aligned intersection points of these two technical indicators to generate informed buy or sell signals.
Functionality:
The oscillator analyzes the SMA and RSI to identify ideal intersection points where market conditions are optimal for a long or short entry.
Long signals are generated when the analysis indicates a strong upward trend and an oversold situation in the RSI, presenting a favorable opportunity to enter a buy position.
Short signals arise when the SMA signals a potentially strong downward movement and the RSI indicates an overbought market condition, suggesting a beneficial opportunity to enter a sell position.
Additional Recommendation from the Author:
As the author of this indicator, I believe it is advisable to incorporate the JAHMUDOS 1 and JAHMUDOS indicators. These complement the signaling of the oscillator and help to refine the entry points for trades even further. By combining these indicators, the entry points can be better aligned to increase the likelihood of a successful trade.
Goal of the Indicator:
The indicator aims to provide precise and timely trading signals by combining two of the most well-known and widely used technical indicators. By analyzing the intersections of the SMA and RSI, the oscillator helps identify the best points for market entry and minimizes unnecessary risks.
Script protetto
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