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RSIOMA indicator
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Created: by judokamak Attachments:3

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RSIOMA indicator

  #1 (permalink)
Trading Apprentice
slovenia
 
Futures Experience: Advanced
Platform: accucharts
Favorite Futures: forex
 
Posts: 6 since Apr 2011
Thanks: 4 given, 1 received

RSIOMA indicator

I m searching for this indicator whole day, but no luck. There are a lot of MT versions, but none for nt. At least
none that i can find


I would aprishiate greatly if someone points me in the right direction.

RSIOMA:

"this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they change from 0 to 100. Additional histogram indicator is shown for quick reference below the lines."

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  #2 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
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Posts: 5,220 since Jun 2009
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judokamak View Post
I m searching for this indicator whole day, but no luck. There are a lot of MT versions, but none for nt. At least
none that i can find


I would aprishiate greatly if someone points me in the right direction.

RSIOMA:

"this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they change from 0 to 100. Additional histogram indicator is shown for quick reference below the lines."

Add SMA, in SMA setting specify input from RSI, in RSI setting, specify input from MACD. Make sure SMA scale is left side, you will see something likes this chart.

Attached Thumbnails
RSIOMA indicator-es-06-14-5-min-4_15_2014.jpg  
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  #3 (permalink)
Trading Apprentice
slovenia
 
Futures Experience: Advanced
Platform: accucharts
Favorite Futures: forex
 
Posts: 6 since Apr 2011
Thanks: 4 given, 1 received


Thank you for reply. Can t post images or links yet, but RSIOMA is similar to RSI.
So, it should have separate panel with 100-0 scaling.


I tryed ema based on rsi based on ema, like it says in the description, but it s not the same.

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  #4 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,220 since Jun 2009
Thanks: 628 given, 6,318 received
Forum Reputation: Legendary


judokamak View Post
Thank you for reply. Can t post images or links yet, but RSIOMA is similar to RSI.
So, it should have separate panel with 100-0 scaling.


I tryed ema based on rsi based on ema, like it says in the description, but it s not the same.


if you want it in separate panel, select new panel in setting. If you have setting of ma of rsi, rsi, fast and slow ma then I can try it.

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The following user says Thank You to cory for this post:
 
  #5 (permalink)
Trading Apprentice
slovenia
 
Futures Experience: Advanced
Platform: accucharts
Favorite Futures: forex
 
Posts: 6 since Apr 2011
Thanks: 4 given, 1 received


cory View Post
if you want it in separate panel, select new panel in setting. If you have setting of ma of rsi, rsi, fast and slow ma then I can try it.


I was able to do all this, but the outcome is not the same as with rsioma. RSIOMA in MT looks like a slow(er) oscilator, but it has some properties which are very interesting for me. This indicator is prety popular over at ff right now, because one of posted system is based on it. So i was sure, there must be a version for ninja.

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  #6 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,220 since Jun 2009
Thanks: 628 given, 6,318 received
Forum Reputation: Legendary


judokamak View Post
I was able to do all this, but the outcome is not the same as with rsioma. RSIOMA in MT looks like a slow(er) oscilator, but it has some properties which are very interesting for me. This indicator is prety popular over at ff right now, because one of posted system is based on it. So i was sure, there must be a version for ninja.

those MT folks are full of imagination.

Attached Thumbnails
RSIOMA indicator-gc-06-14-5-min-4_15_2014.jpg  
Attached Files
Register to download File Type: zip RSIOMA.zip (4.2 KB, 106 views)
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  #7 (permalink)
Trading Apprentice
slovenia
 
Futures Experience: Advanced
Platform: accucharts
Favorite Futures: forex
 
Posts: 6 since Apr 2011
Thanks: 4 given, 1 received


cory View Post
those MT folks are full of imagination.


Thanks cory, let me check how it looks like.

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  #8 (permalink)
Trading Apprentice
slovenia
 
Futures Experience: Advanced
Platform: accucharts
Favorite Futures: forex
 
Posts: 6 since Apr 2011
Thanks: 4 given, 1 received

Thanks a lot for the effort cory.

I know, that mt version has been updated over the years. The nt version is from 2006.
I guess this is where the difference comes in.


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