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Smooth Oscillator

This is a an Oscillator based on RSI .
As you can see, entry signal for long is when the indicator and bar color is green and exit when red.
Entry signal for short is when the bar turns red and exit when green.
You should always trade with the trend, this oscillator helps to know where the trend is going, because as the trend is exhausting the plot waves moves to the oversold or overbought area, which can help to know when a reversal is coming.
This is a test version, use under your own discretion and do the proper backtesting.
Please comment your experience.
As you can see, entry signal for long is when the indicator and bar color is green and exit when red.
Entry signal for short is when the bar turns red and exit when green.
You should always trade with the trend, this oscillator helps to know where the trend is going, because as the trend is exhausting the plot waves moves to the oversold or overbought area, which can help to know when a reversal is coming.
This is a test version, use under your own discretion and do the proper backtesting.
Please comment your experience.
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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。
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由使用,沒有任何限制 — 點擊此處了解更多。
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。