Hello, I'm playing around with EMA and I found combine change value of Price and RSI create interesting Moving Average to combine with EMA
Basically I just increase up and down sensitivity with RSI as source. I think it does visualise Bull and Bear momentum better When Price above EMA and and Price above EMARSI and EMARSI above EMA = Strong Bull, vice versa and when the criteria above not met it indicate market in Range or Bull/Bear momentum about to end.
Setting : EMA Length Smooth Option Crossover on smooth mode also indicate strong Bull/Bear
Feedback are welcome. I hope it's useful.
Phát hành các Ghi chú
⋅
Small update, convert into formula, so whenever you need it, just call emaRsi(src,len)
Phát hành các Ghi chú
⋅
Update, put RSI Effect in Setting, determine how much % RSI will affect to EMA