Arrow Indicator that Strongly Supports Buy the Dip and Sell on the Rebound using RCI【R1MA2】
RCI-based Buy-the-Darg and Sell-the-Rally Arrow Indicator Powerful Support【R1MA2】
https://www.gogojungle.co.jp/tools/indicators/18438
Customizable by changing seven settings. Includes alert functions (email, sound, dialog).
※A non-painting indicator.
※Can be used with your preferred settings.
For example, by adjusting the parameters yourself, you can generate arrow signs as shown in the figure below.
Sign generation logic, that is,“Why does the arrow sign light up there?”can be fully understood and used as an arrow indicator.
There are sister indicators as listed below.
Arrow Indicator: STOMA2 which strongly supports buy-the-dip and sell-the-rally using Stochastic
https://www.gogojungle.co.jp/tools/indicators/18497
Arrow Indicator: RSIMA2 which strongly supports buy-the-dip and sell-the-rally using RSI
https://www.gogojungle.co.jp/tools/indicators/18435
Arrow Indicator: CCIMA2 which strongly supports buy-the-dip and sell-the-rally using CCI
https://www.gogojungle.co.jp/tools/indicators/18452