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Although my method of trading differs from what you guys are doing here, I believe in testing, testing and testing all the time. As this RSiOMA is RSi-based, I followed the progress very keenly and kept a seperate trading platform running on it, using M5 and H1 TFs.
I asked Kalenzo to change the "entry dots" to vertical lines for me as there is nothing better than to see something happening in a bigger way than a little inobscure dot and with dramatic results!! (See attached screen-print).
Then I had another brainwave and ask the "hot-shot" Kalenzo to make me an indicator that will throw an ARROW on the candles to confirm this vertical line, and yet again he came up with the right stuff!! Many thanks Kalenzo, I appreciate your time and expertise. (The fact that nobody else asked for it, did not deter him to make one for my own use and for that I commend him).
It is of course available to you should you so wish to have it, but for now I am assuming nobody wants it as nobody asked for it.
Lastly, I use very different settings to what is recommended here or in the indicator by default, but it works very well for me.
Also, a special thanks to Mladen with his MTF version (RSIOMA_v4) which you see running in the 3rd window at the bottom. Once again Kalenzo just added the Vertical lines for me. NEAT, guys, neat!!
Wishing you well and a special note of thanks to Kalenzo for going the extra nine yards.
__________________ "Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
Last edited by ValeoFX; 06-06-2008 at 11:15 AM.
Reason: Spelling
FXBS, thank you for this indicator. I changed the Alert to a "voice" alert, but I find that it alerts at the wrong crossings. I have tried out the various options without much success of hitting the right spot. All I want it to do is to Alert me when the MA crosses the RSi. I selected the option: RSIOMA_MainTrendLevelCross and made the other two, "false"
Commonsense says use the first optionas "true" which is RSIOMA_MaEsiomaCross, but it seems to be alerting when the histogram bars change colour?
Any suggestions please?
Best wishes.
__________________ "Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.