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Re: Trend or No Trend, Gambler Indicators



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: the problem i have
:with using rsi and stochastic is that they're bound indicators, and
:have big problems accurately defining tops and bottoms.  momentum and
:acceleration do better for me.


Try this:
-----------------------------------------------------
{Indicator: RSiOsc}
Input: R(14),S(4);
vars: RSiOsc(0),Avg(0);

RSiOsc=RSI(C,R)-50;
Avg=XAverage(RSI(C,R)-50,S);

Plot1(RSiOsc,"RSI Osc");
Plot2(Avg,"Signal Line");