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Netto-Trend Reversal Index for Amibroker (AFL)

sherbaaz almost 16 years ago Amibroker (AFL)

  • Rating:
    3 / 5 (Votes 3)
  • Tags:
    oscillator, amibroker

Those who are doing divergence trading can use this which I think is better than RSI in spotting divergence.
For more details read John Netto – One Shot One Kill Trading

Regards,

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("One Shot One Kill");
// John Netto-One Shot One Kill Trading
OSOK = RSI(13) + MA(RSI(3),3);

Plot (OSOK,"OSOK", colorBlue,styleLine);

_SECTION_END();

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