OPEN-SOURCE SCRIPT
Relative Strength Index of Moving Average

Pine script version 3
Author CryptoJoncis
RSIOMA is the abbreviation for Relative Strength index (RSI) of moving averages (MA). This custom built indicator is based on calculating the relative strength of two moving averages and the smoothes out the RSI using a moving average. Combined, the RSIOMA oscillator depicts trend changes in prices relative to the time frame. The RSIOMA can be used as a signal generator by itself. (ProfitF.com)
There are some minor things which you can use to modify this version of RSIOMA:
You can choose which MA would you like to use from the following list:
Any questions/suggestions/errors or spelling mistakes? Please leave a comment and let me know.
You can use,publish,modify this code in any way as you wish, but only if you reference me after.
You are not allowed to sell it as it is.
If this code is useful to you, then consider to buy me a coffee 2.17% (or better a pint of beer) by donating Bitcoin 0.64% or Etherium to:
BTC: 3FiBnveHo3YW6DSiPEmoCFCyCnsrWS3JBR
ETH: 0xac290B4A721f5ef75b0971F1102e01E1942A4578
References:
profitf.com/forex-strategies/rsioma-trading-strategy/
Author CryptoJoncis
RSIOMA is the abbreviation for Relative Strength index (RSI) of moving averages (MA). This custom built indicator is based on calculating the relative strength of two moving averages and the smoothes out the RSI using a moving average. Combined, the RSIOMA oscillator depicts trend changes in prices relative to the time frame. The RSIOMA can be used as a signal generator by itself. (ProfitF.com)
There are some minor things which you can use to modify this version of RSIOMA:
- Choose 2 levels of Over Sold and Over Bought for RSI
- Set the middle level to easier visualize the trend
- Set x% wider MA line to avoid too many fake signals and gain higher precision
You can choose which MA would you like to use from the following list:
- Tillson Moving Average (T3)
- Double Exponential Moving Average ( DEMA )
- Arnaud Legoux Moving Average ( ALMA )
- Least Squares Moving Average ( LSMA )
- Simple Moving Average ( SMA )
- Exponential Moving Average ( EMA )
- Weighted Moving Average ( WMA )
- Smoothed Moving Average ( SMMA )
- Triple Exponential Moving Average ( TEMA )
- Hull Moving Average ( HMA )
- Adaptive moving average (AMA)
- Fractal Adaptive Moving Average (FAMA)
- Variable Index Dynamic Average ( VIDYA )
- Triangular Moving Average (TRIMA)
Any questions/suggestions/errors or spelling mistakes? Please leave a comment and let me know.
You can use,publish,modify this code in any way as you wish, but only if you reference me after.
You are not allowed to sell it as it is.
If this code is useful to you, then consider to buy me a coffee 2.17% (or better a pint of beer) by donating Bitcoin 0.64% or Etherium to:
BTC: 3FiBnveHo3YW6DSiPEmoCFCyCnsrWS3JBR
ETH: 0xac290B4A721f5ef75b0971F1102e01E1942A4578
References:
profitf.com/forex-strategies/rsioma-trading-strategy/
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。