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rumpypumpydumpy

Rumpy's Relative Momentum and Trend

rumpypumpydumpy Wizard  
Oscillators Relative Strength Index (RSI) Trend Analysis alma trend trendfollowing
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oscillator relativestrengthindex trendanalysis alma trend trendfollowing
Incorporates volume and true range to adjust the RSI calc as well as an alternative ALMA based index in a trend following system.

Upper band highlights direction of momentum. Lower the general trend. Overlap in the central band for confirmation.

The ALMA setup is more adaptive and will get you in sooner with the trade off of more common fakeouts and false exits. It is more suitable for scalping lower time frames :

snapshot

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