3c JRSX H indicator - oscillator for impulse movements
3c JRSX H indicator is a leading indicator (oscillator), the work of which is based on the calculation of moving averages and RSI relative strength indicator. The 3c JRSX H indicator determines the sharp impulses of price movements. According to its application principles it is similar to the standard oscillators, but the visualization has been adjusted for the trader's convenience.
The 3c JRSX H indicator is displayed in the "basement" part of the price chart of the currency pair as a histogram of different colors:
- histogram blue, buy trades priority
- purple, for sale
and has three levels:
- ground level
- 0,5 - overbought level
- -0,5 - oversold level
Setting the 3c JRSX H indicator
- parameter Lengh - When you change it, you can adjust the work of the indicator, according to your trading style, affects the sensitivity, 3c_JRSX_H, when the market situation changes, the smaller the value, the earlier the signals and vice versa.
- CountBars - display on the quotation history
According to ForTrader.org experts, 3c JRSX H indicatorThe OsMA, for example, has a smoother main line and is able to detect sharp price impulses compared to similar indicators, such as the OsMA, thanks to its formula.
The disadvantages are that the histogram can "wink" in the opposite direction of the market, the smaller is the value of Lengh and the timeframe, the more noticeable this disadvantage will be.