trend validity. It is blue indicates trend is up and turns into dotted confirms the intactness of bearish thrust. Green bar signals uptrend and red points toward bearish trend. Relative Strength Index (RSI). Parabolic Stop and Reverse ). They are configured as 50 and 100 day-period moving averages. Price above these MAs express bullish and below indicates bearish momentums.
MAs: Two different periods of Moving Averages (MAs) have been applied to support the signal of trend detection. Suite 11, Second Floor, Sound Vision House, Francis Rachel Str. Victoria Victoria, Mahe, Seychelles. Since you use the 5EMA, you may want to consider using the same 5-period MA but set that to show as a Price Channel instead. Signal Generator: This indicator has been combined with RSI and Moving Averages (MAs). RSI above MAs are indicated with white dots and below the MAs are signaled by blue dots. White dots express bullish and red dot states bearishness of the market. As a whole they are formidable.
Simple, rSI EMA high Profitable ratio, strategy @
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