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Trend With RSI

Aim of this program is to:

  • Define values of RSI of all time frames
  • Use of Trend through HMA

HM Average is developed by Alan Hull. It is an extremely fast and smooth moving average that almost eliminates lag altogether and manages to improve smoothing at the same time.

To calculate it, first you have to calculate a difference between two LWMA of periods and then calculate another LWMA from this difference but with a period of square root.


For Setting 01 - RSI:

  • RSI Period
  • Info Corner
  • Shift
  • Object Colour

For Setting 02 - HMA:

  • HMA Period
  • Shift
  • Method
  • Price

Short hint for trade

To understand the trend, see the current bar close

  • If Bar Closed Upper and not reverse then Buy Otherwise Wait
  • If Bar Closed Lower and not reverse then Sell Otherwise Wait
  • User can also predict by watching RSI levels of all time frames in one time frame chart

Thanks For Your Interest

Maksym Mudrakov
2016.08.31 15:37 

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