G-Oscillator Strength v.1
Hello this is my new indicator. Purpose of this indicator is to find the strength of the trend.
This indicator was developed by RSI(14) and Stochastic(50)
How to used
Red = RSI(14) & Sto(50) < 40
Lightblue = RSI(14) >= 50 and Sto(40) < 50
Darkblue = RSI(14) & Sto(40) >= 50
Green = Sto(40) >= 80
Yellow = RSI(14) < 50 and Sto(40) >= 50
Buy&Sell
Buy signal for this indicator is Lightblue to Darkblue
Sell signal is Green to Darkblue or Darkblue to Yellow
This indicator was developed by RSI(14) and Stochastic(50)
How to used
Red = RSI(14) & Sto(50) < 40
Lightblue = RSI(14) >= 50 and Sto(40) < 50
Darkblue = RSI(14) & Sto(40) >= 50
Green = Sto(40) >= 80
Yellow = RSI(14) < 50 and Sto(40) >= 50
Buy&Sell
Buy signal for this indicator is Lightblue to Darkblue
Sell signal is Green to Darkblue or Darkblue to Yellow