Thank you, K. You have greatly minimized the divergence between price and time using this indicator. This is what Spud calls the "elasticity" factor over on the FF forum. "Your indie nipped that problem in the bud!"
How could multi slopes be included in RSIOMA, any indicators..?
what do you meen by "multi slopes"?
RSIOMA of all fib numbers..now we have 14 and 5.....however..we could include fib numbers 5, 8, 13, 21, 34, 55 in one indicator which would give a nice slope and the conjunction of all fib number at one point top or bottom would give a very strong signal
Something like in the image COTtrader put
1. easy way
- just drug Rsioma v2Ma (or Rsioma_v2Only)-post 136 , from navigator window and drop on top of Rsioma_v2HHLSX (full version) couple of times. adjust settings; post https://www.mql5.com/en/forum/177347/page9
- save template
make surae all indicators max and min set the same
2. build central indi wich would call with i-Custom all of the indi above
looking on the picture above: make some kind of invert Gator (1/gator) to see how far or close our Rsiomas (how strong move) - Spud's Elastisity effect?
Thanks a Million fxbs..that was easy...i will test around with settings and post when its gets correct with results..
sure, My plasure, Balista, please do
some links on Elastisity & Equilibrium FF:
Forex Factory - View Single Post - MTF Stochastics
Forex Factory - View Single Post - Trading MTF STochastics Manual
MAMA_RSIOMA - our responce to Linuxers Ergofma trigger - MA of MARSIOMA -
I tried to put RSIOMA with different fib levels by dragging one over the other and got something like this image..
not exactly close to the perfection..i tried the gator.mq4 indicator but it give a wavvy histogram
but with the point of concentration, and the top and bottom levels...it would be a clear signal