How This Indicator Works
When the conditions are meeting, the indicator sends an e-mail alert about market buy/sell conditions and draw a signal arrow over the graphic indicator. Market Signals indicator provides a solution to this problem by creating a buy and a sell limit that change depending on the standard deviation (volatility) of the relative strength index, RSI, indicator.
By recognizing past trends the Dynamic RSI is able to predict approaching trends with great accuracy and set the levels accordingly.
The movement of the RSI is derived from price and tries to eliminate some of the “noise” of the market and it succeeds to do so. If you pay attention to other stuff (like the angle of the channel created by the bands or support and resistance levels), you can incorporate this indicator into a successful strategy.
To eliminate the most false signals, this indicator uses signals provided from Bollinger Bands, Time Series Moving Average and HULL Moving Average.
~ Source Code Not Included ~
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