RSIOMA – indicator MetaTrader 5

Fig.1 The RSIOMA indicator
The real author: Kalenzo The RSI indicator drawn on the basis of the smoothed price series with the added signal line for more precise definition of entry points and the current trend. For better readability the indicator is performed in zero relative symmetric form. Indicator input parameters: //+———————————–+ //|  INDICATOR INPUT PARAMETERS     | //+———————————–+ input Smooth_Method … Read more

Ehlers fisher transform of rsi(OMA) – indicator MetaTrader 5

Ehlers fisher transform of rsi(OMA) - indicator for MetaTrader 5
Basics: Original Ehlers fisher transform is using an adjusted RSI in a fisher transform calculation in order to further normalize and emphasize the RSI values in order to be able to spot market conditions in easier way. This version : It is adding 2 steps : floating levels usage option in case that the floating … Read more

QQE of Rsi(oma) – indicator MetaTrader 5

QQE of Rsi(oma) - indicator for MetaTrader 5
Theory : QQE (Quantitative Qualitative Estimation) is usually calculated using RSI. This version is using Rsi(oma) (ESI Of Moving Average) instead and, as expected, the results are completely different than the original QQE. Seems to be usable in trading Usage : You can use color change as signals QQE of Rsi(oma) – indicator MetaTrader 5

QQE of Rsi(oma) – on chart – indicator MetaTrader 5

QQE of Rsi(oma) - on chart - indicator for MetaTrader 5
Theory : QQE (Quantitative Qualitative Estimation) is usually calculated using RSI. This version is using Rsi(oma) (RSI Of Moving Average) instead and, as expected, the results are completely different than the original QQE. Also, this version is drawn directly on chart, and even like this the results seem to be OK Usage : You can … Read more