OPEN-SOURCE SCRIPT
RMI + Triple HMRSI + Double EVWRSI + TERSI + CMO Strategy
This is a strange experimental strategy WIP that I decided to upload an early version to share some of what I am working on. Just one script of a few.
It combines Chande Momentum with RMI and some weird ones I am experimenting with - Triple Hull MA RSI, Double Exponential + Volume Weighted RSI, Triple Exponential RSI. And to top it off, a final oscillator that combines the THMRSI with the RMI.
The main intention here, currently, is to test the usefulness of each on different timeframes and values. Currently it is considered to buy when all are below their threshold and sell when all are above, with the chande momentum crossing its line as the final confirmation.
For now there is no individual for each of the unique elements included. I am going to likely use this is a working house project to test other experimental indicators in the future.
It may be some of these are better suited for long term but I do think they have valid uses in checking short and long term momentum at the very least.
I copied the RMI from Everget.
It combines Chande Momentum with RMI and some weird ones I am experimenting with - Triple Hull MA RSI, Double Exponential + Volume Weighted RSI, Triple Exponential RSI. And to top it off, a final oscillator that combines the THMRSI with the RMI.
The main intention here, currently, is to test the usefulness of each on different timeframes and values. Currently it is considered to buy when all are below their threshold and sell when all are above, with the chande momentum crossing its line as the final confirmation.
For now there is no individual for each of the unique elements included. I am going to likely use this is a working house project to test other experimental indicators in the future.
It may be some of these are better suited for long term but I do think they have valid uses in checking short and long term momentum at the very least.
I copied the RMI from Everget.
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