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RSIOMA oscillator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=34066
Forum: 17 · Topic 34066 · 5 post(s)


RSIOMA oscillator

Alexander.Gettinger · Wed Apr 03, 2013 3:18 pm

This indicator is a ported MQL5 indicators from http://www.mql5.com/en/code/1581

Formulas: RSIOMA = 50 - 100/res, where res = 1+p/n, p, n - sum of positive and negative changes of Momentum. Signal - moving average of RSIOMA.

RSIONMA.PNG

Download:

RSIOMA.lua

For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430) and Momentum (viewtopic.php?f=17&t=896&p=1638).

The indicator was revised and updated


Re: RSIOMA oscillator

rose123 · Wed Aug 05, 2015 8:28 pm

HI ,

MAY I REQUEST A MTF STRATEGY BASED ON THIS RSI OMA INDICATOR

TIME FRAME 1: M15 RSI OMA WITH DEFAULT PARAMETERS: BUY LEVEL:-20 SELL LEVEL:20

TIME FRAME: H1 RSI OMA WITH DEFAULT PARAMETERS BUY LEVEL:20 SELL LEVEL:-20

TIME FRAME: H4 RSI OMA WITH DEFAULT PARAMETERS BUY LEVEL:20 SELL LEVEL:-20

BUYING CONDITIONS ARE AS FOLLOW:

  1. RSI OMA > SIGNAL AND SIGNAL > BUY LEVEL{20} IN H4
  2. RSI OMA > SIGNAL AND SIGNAL > BUY LEVEL{20} IN H1 3.SIGNAL < BUY LEVEL{-20} AND RSI OMA CROSS OVER SIGNAL IN M15

SELLING CONDITIONS ARE AS FOLLOW:

  1. RSI OMA < SIGNAL AND SIGNAL < SELL LEVEL{-20} IN H4
  2. RSI OMA < SIGNAL AND SIGNAL < SELL LEVEL{-20} IN H1 3.SIGNAL> SELL LEVEL{20} AND RSI OMA CROSS UNDER SIGNAL IN M15

Re: RSIOMA oscillator

Apprentice · Thu Aug 06, 2015 5:39 am

Your request is added to the development list.


Re: RSIOMA oscillator

Apprentice · Mon Jun 05, 2017 1:42 pm

The indicator was revised and updated.


Re: RSIOMA oscillator

Apprentice · Mon Jun 05, 2017 2:24 pm

The strategy is available here. viewtopic.php?f=31&t=64769