Has anyone ever come across and indicator that involves a Weighted Moving Average of the RSI that changes color with trend color? I have attached a picture below. There is a perfect setup for trading view but wish I could use it on MT4.
Even if it is just a plain Weighted Moving Average of the RSI with no color that would be awesome. I appreciate everyone’s time!
I’ve seen something similar to this, except the colors were blue and red. I would like to know what this indicator is called as well
It’s just the RSI with an MA Coloured Slope running through it… can use the CCI…
Can be any colour pairing… … Description below…
Shouted down as worthless by the usual suspects… just used an updated CSM version to generate 230+ pips in 5 days…
Also research Traders Dynamic Index (TDI)… very similar indicator…