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EFEM
This indicator operates in the relative power region. By comparing the RSI indicator with its average, it aims to show the momentum with a color change if the indicator is above its average and the stochastic rsi has crossed them all.
it is showing trend momentum by colour changes. Depend on colours, You can detect trend reversal. It also shows the power of moving averages on current trend.
it is showing trend momentum by colour changes. Depend on colours, You can detect trend reversal. It also shows the power of moving averages on current trend.
Serdar Simsek
@borsamuhendisi
@borsamuhendisi
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