blackcat1402

[blackcat] L1 RSMK

Level 1

Background

This is a modified version of indicator from Markos Katsanos’ article in the March issue, “Using Relative Strength To Outperform The Market”.

Function

In “Using Relative Strength To Outperform The Market” in this issue, author Markos Katsanos presents a trading system based on a new relative strength indicator he calls RSMK. The indicator improves on the traditional relative strength indicator by separating periods of strong or weak relative strength.

I found it helpful for divergence identification.

Remarks

This is a Level 1 free and open source indicator.

Feedbacks are appreciated.

Monthly fee for each L4/L5 indicator is 5USD, and the annual fee is 50USD, and the equivalent payment is sufficient for subscription:
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开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

免责声明

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想在图表上使用此脚本?