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RSING Momentum Indicator

0 1167 Views No Comments 3 years ago

HTS CLOUDBETA

momentum RSI trend

r4stl1n
This is a implementation of the RSING indicator purposed by Alon Horesh

This indicator measures price momentum strength by taking the following into account

1. A focus on strength only; The Value of the indicator
reflects the strength of the price momentum

2. A positive high value reflects stronger price momentum to the upside
Negative values reflect strong downward price movement.
Prices close to zero reflect no momentum in current price action

3. Volume is an important part of the calculations supporting the
the price momentum.

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