The indicator is a complex of MACD and OsMA, built on the data of another indicator-RSI. This combination allows you to get the best out of both types of indicators. On the one hand – quick response to changes in the market environment, which is characteristic of the RSI, on the other-effective market following and filtering of “noise”, which is characteristic of the MACD and OsMA.

Signals with different indicator settings can be used as:

• Intersection of 0 with the MACD or OsMA histogram;
• Changing the color of the MACD or OsMA histogram;
• Color matching of the MACD and OsMA histograms;
• Divergence of the MACD or OsMA.

• MA1_Period (>MA2_Period) – > slow moving average period;
• MA2_Period (>0) – > fast moving average period;
• Shift (>0) – > shift the fast moving average relative to the slow moving average;
• OsMA_Period (>0) > – period of the signal moving average;
• MA1_Method – method for smoothing the slow moving average;
• MA2_Method-Fast moving average smoothing method;
• OsMA_Method – method for smoothing the signal moving average;
• RSI_Period – the RSI period for which the moving averages are built;
• RSI_Price – the price of the RSI that the moving averages are based on.

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The indicator values on a fully formed candle are not redrawn.

Feedback and suggestions are welcome.

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