WhiteCollarTrader

Romi Trend and Momentum Oscillator

ROMI oscillator
Great oscillator which determines trend and momentum. So accurate it could be used as a stand alone indicator.
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study(title = "Romi Trend and Momentum Oscillator", shorttitle="ROMI")
s2=ema(close, 8) - ema(open, 24)
c_color=s2 <= 0 ? red : lime
plot(s2, color=c_color, style=line, linewidth=2)
great work! Thank you
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