RSIOMA (RSI of Moving Average)
Category: momentum, trend
A Relative Strength Index calculated from a Moving Average of price (RSI of MA), providing a smoother oscillator with integrated trend-following histograms and overbought/oversold reversal logic.
Formula
1. MA = iMA(Price, RSIOMA\_Period) \n2. Diff = MA\_current - MA\_previous \n3. RS = EMA(Max(Diff, 0), RSIOMA) / EMA(Max(-Diff, 0), RSIOMA) \n4. RSIOMA = 100 - (100 / (1 + RS)) \n5. Signal = iMA(RSIOMA, Ma\_RSIOMA) \n6. Histogram = -10 (Static level) with color based on RSIOMA position (Above/Below 50 and reversals at 20/80)
Inputs
- RSIOMA (default: 14)
- RSIOMA_MODE (default: MODE_EMA)
- Ma_RSIOMA (default: 21)
- BuyTrigger (default: 20)
- SellTrigger (default: 80)
See signal primitives and every published strategy that uses RSIOMA (RSI of Moving Average) on WOBR StrategyVerse.