MAVC: Moving Averages Combo by Mehmet Yildizli
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You can use this indicator to add more than one moving average on the same chart. At the beginning of the indicator settings, the "Volume For Tillson" parameter is used only when you select the Tillson moving average.
When you check the "Use (high + low + 2 * close) / 4"...
I assume that most of you already know Relative Strength Index indicator. It gives us the following signals in general, when we see the following conditions occur. If RSI crosses;
1. 30 above, it means BUY signal.
2. 50 above, it means WAIT signal.
3. 70 above, it means WAIT and be careful for SELL signal.
4. 70 below, it means SELL signal.
5. 50 below, it means...
