RSI & Momentum Color+Alarm - Page 2

Linuxser · #11 (**permalink**) 08-29-2008, 08:02 PM

Quote:

Originally Posted by radatats

Nice indie! Great addition to the arsenal. It complements my Superwoodie set at 63 nicely.

Trade it like a Woodie but not necessarily any better.

Glad you like it but I'm a little furious with myself. I don't like the final product and I'm still working on it.

fapturbo · #12 (**permalink**) 01-04-2009, 11:09 AM

Hi all,

First post here.

I've just started using an EA... No guesses needed as to which one...

Anyway I was wondering if anyone has developed an indicator for Rate of Change of a Moving Average to be used as a Momentum Indicator for Trend Strength

Something along these lines.

[Moving Average Value(x) - Moving Average Value(x-a)] / ATR(y)

Plain english this means take the value of the moving average from the last candle on the chart. Take the value of the moving average say a=5 candles ago. Then divide this number by an ATR(value y for example)

The variables that need to be able to be modified in this formula would be the length of the Moving Average. Say Moving Average = 200 Period. The Number of Candles ago we compare to. For example the Moving Average Value say 20 Candles ago, and the ATR Value.

Use the ATR to measure the Rate of Change because the ATR is a more true representation for each chart because each chart has different ATR's.

This would basically measure the slope of the Moving Average. The higher the slope the better the trend. Does this sound like a feasible indicator.

It could be useful for a trend following EA. Say if Rate of Change of Moving Average was not high enough then no trade.

thecreativex · #13 (**permalink**) 02-10-2009, 11:12 PM

thx guys for the indicators! i was searching for it

champs · #14 (**permalink**) 08-09-2009, 06:11 AM

Has anyone seen a momentum indicator that gives an audible alert when it crosses over the mid line? Thanks.

fxbs · #15 (**permalink**) 08-09-2009, 08:04 AM

Quote:

Originally Posted by Linuxser

I made this three version, still on beta because I don't like it at all.

just added colors (but on slacking way(easy) )

Linux, slacker, never finished

xx3xxx · #16 (**permalink**) 08-09-2009, 08:29 AM

this is my picture of gbp/jpg -- 5min

not that cool in detecting reversal point - when compared to the one posted
on a different note, the perfect dig posted earlier, 6march to 13 march , H1 chart -- don't seem to be 2009 chart

WFXA · #17 (**permalink**) 11-18-2009, 05:13 PM

Hi,

I'm seeking for a momentum indicator that goes red below 100, and green above 100.. yes simply !!

This is to build a visual system.. and to the same with RSI, CCI, and W%R

I don't have any clues in coding. I know it's quite simple to do that so if you have some free time .. do not hesitate !