||Dynamic Momentum Oscillator
Dynamic Momentum Oscillator applied
to RSI. Can be used for any other oscillator. For interpretation
refer to Futures magazine (July 1996), "Dynamic Momentum Oscillator
(Dynamo)" by E. Marshall Wall
||50 - (SMA(RSI(Close(0), 14), 9) - RSI(Close(0), 14))
Download to import into Tradecision.
How to use this custom indicator in Tradecision:
- Click Download.
- Save this indicator in a safe location on your hard drive.
- Open Tradecision and in the Tools menu click the Indicator Builder.
- In the Indicator Builder dialog, click Import, locate the saved file and then click OK.
Now you can insert the indicator directly into a price chart or modify it like any other in-built indicator.