- Trend EMA
- Pullback long
- Pullback short
Instead of RSI Β· Stochastic
Trend-Aware Oscillator
The problem: βOverbought = sellβ fails in trends. An oscillator can stay overbought for weeks.
Puts RSI and friends into trend context. Overbought in an uptrend shows as strength, oversold in a downtrend as weakness.
- Eight oscillators to choose from: RSI, Stochastic, Stochastic RSI, Williams %R, CCI, MFI, WaveTrend, Fisher.
- Trend filter via EMA, ADX/DMI or both.
- Pullback marks only in the direction of the trend, long and short.