MOST is applied on this RSI moving average with an extra default option added VAR/VIDYA (Variable Index Dynamic Moving Average) MOST added on RSI has a Moving Average of RSI and a trailing percent stop level of the Moving Average that can be adjusted by changing the length of the MA and %percent of the stop level.
BUY SIGNAL when the Moving Average Line crosses above the MOST Line LONG CONDITION when the Moving Average is above the MOST SELL SIGNAL when Moving Average Line crosses below MOST Line SHORT CONDITION when the Moving Average is below MOST
-MOST indicator advised to use with Variable Moving Average in the sideways market by its developer Anıl Özekşi, so there are a couple of alternative Moving Average OPTIONS to use in the calculation of MOST: "SMA", "Bollinger Bands", "EMA", "SMMA (RMA)", "WMA", "VWMA", "VAR" SMA: Simple Moving Average EMA: Exponential Movin Average SMMA (RMA: Smoothed Moving Average, Rolling/Running Moving Average WMA: Weighted Moving Average WWMA: Welles Wilder's Moving Average VAR: Variable Index Dynamic Moving Average aka VIDYA The Moving Average length and stop loss percent values must be increased for less reliable but late signals. Conversely, it must be decreased to have more and faster signals.
As this indicator is derived from TradingView's built-in RSI, it has Bollinger Bands bounding RSI and a tool that can be used for Bullish & Bearish divergences between the price and RSI. (Show Divergence option)
Finally, users may check the box "Show Signals" to visually see the BUY & SELL signals.
Release Notes
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The default Moving Average type changed to VAR/VIDYA.
21 Mar Per 20:55 (19 saat önce) Bu son güncel sürümmü? Silip tekrarmı kurayım?