RSIOMA (RSI of Moving Average)

Category: momentum, trend

RSIOMA calculates a Relative Strength Index (RSI) applied to a Moving Average of price, rather than raw price, to reduce noise and emphasize trend strength. It includes a secondary signal line (MA of RSIOMA) and a histogram for trend/reversal visualization.

Formula

RSIOMA = 100 - (100 / (1 + AvgGain(MA(Price, n)) / AvgLoss(MA(Price, n)))) where MA is typically EMA. Signals are derived from RSIOMA crossing the 20/80 levels and its own MA.

Inputs

• RSIOMA (default: 14)
• RSIOMA_MODE (default: MODE_EMA)
• RSIOMA_PRICE (default: PRICE_CLOSE)
• Ma_RSIOMA (default: 21)
• BuyTrigger (default: 20)
• SellTrigger (default: 80)
• MainTrendLong (default: 50)
• MainTrendShort (default: 50)
• TriggerCandle (default: Previous)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.