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cheatcountry
28 Apr 2021 pukul 15.50

Momentum Rotation Indicator [CC] 

Apple Inc.NASDAQ

Huraian

I have developed this custom indicator very loosely based on the Sector Rotation Model (Giorgos E. Siligardos. Technical Analysis of Stocks & Commodities, August 2012) and I called it the MRI because this is essentially a brain scan of any particular stock. This will not only tell you when a stock is breaking out over the market at large but also how the stock is doing compared to its own history. Buy when the line turns green and sell when the line turns red.

Let me know if there are any other indicators you would like to see me publish!
Komen
Samasthiti
Thank you for the indicator! Have you created a strategy with it by any chance?
GarySethi19
It combines both sets of data into one average line?
cheatcountry
@GarySethi19, basically yes
TheHippieTrader
Also is there anyway to smooth out the trend, and remove false signals?
cheatcountry
@Josh189, You could add an ema or other moving average as a signal line for the indicator but then you sacrifice the quick timing of course
TheHippieTrader
Any chance you have a strategy version of this. I would like to back test this with some other indicators
cheatcountry
@Josh189, I will be adding strategy versions of my indicators very soon
ashishpurohit
can u work on gann square of 9
cheatcountry
@ashishpurohit, I looked into this one but I'm pretty sure pinescript wouldn't be able to run it
Jittra
Hi long time.
Lebih