This System was created from the Book "How I Tripled My Money In The
Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Fast Oscillator is higher than 50.
This is the new-age indicator which is version of calculated upon
the Rate-of-change indicator.
The name "Relative Strength Index" is slightly misleading as the
does not compare the of two securities, but rather
the internal strength of a single security. A more appropriate name
might be "Internal Strength Index." charts that compare
two market indices, which are often referred to as Comparative .
And in its turn, the Rate-of-Change ("ROC") indicator displays the difference
between the current price and the price x-time periods ago. The difference can
be displayed in either points or as a percentage. The displays
the same information, but expresses it as a ratio.
- For purpose educate only
- This script to change bars colors.
USDT (TRC20): TH29EEXa19vfwZNYvxdUuMxoFY5QDYLcWG