XMA JJRSX System:
The indicator is based on comparing the signals of JJRSX oscillator and XMA moving average working on different timeframes - the current (chart timeframe) and the higher ones.
For the colored arrows XMA indicator trading signals from the higher timeframe are transferred, while trend reversal signals of JJRSX oscillator are transferred from the current timeframe. For colored dots trend reversal signals from XMA indicator are analyzed. Colored arrows are signals for the market entry, while colored dots are signals for the market exit.
Author: Nikolay Kositsin