Theory:
The RSI Swings indicator is built on the Rsi(oma) framework, focusing on the zones where the values fluctuate. Here’s a quick rundown of the types of moving averages you can apply to Rsi(oma):
- Simple Moving Average (SMA)
- Exponential Moving Average (EMA)
- Smoothed Moving Average (SMMA)
- Linear Weighted Moving Average (LWMA)
Usage:
Keep an eye on color changes as potential trading signals.
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