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RSX Signal AM

The indicator displays the signals of the RSX oscillator.

The main type of signal is given when the oscillator exceeds the 0 value.

If the "Sensitivity" parameter increases above zero, the main signal will also be given when overbought/oversold levels are overcome, defined as zero plus sensitivity and zero minus sensitivity.

An additional signal is given when the direction of the oscillator line changes.

It is optimal to use the indicator signals as signals to open a trade when the price overcomes the maximum or minimum of the bar at which the signal was given.

An opposite signal cancels the previous signal.

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    Version 26.2 2023.10.10
    Updated.
    Version 26.1 2023.10.09
    Full rework.
    Version 26.0 2023.10.07
    Updated.
    Version 3.50 2023.07.04
    Updated.
    Version 3.0 2016.11.18
    Added automatic correction of invalid parameter values.
    Version 2.0 2016.04.26
    Simplified the input of settings, added description to the indicator code.