Momentum Oscillator derived from RSI.
Indicator concept for now have simple visualization of momentum slopes and decay,experimental divergences, horizontal bands for overbought/oversold conditions.
By leaving/touching horizontal band or stimulated by divergence, oscillator show enough generated momentum to help capture multiple moves in a row.
Will be updated
Indicator concept for now have simple visualization of momentum slopes and decay,experimental divergences, horizontal bands for overbought/oversold conditions.
By leaving/touching horizontal band or stimulated by divergence, oscillator show enough generated momentum to help capture multiple moves in a row.
Will be updated
Public: www.tradingview.com/u/InSilico/
www.tradingview.com/gopro/?share_your_love=InSilico
www.insilicoresearch.com/
www.tradingview.com/gopro/?share_your_love=InSilico
www.insilicoresearch.com/