Ohnishi Oscillator - indicator such as MACD. indicator values are calculated based on the original algorithm.
Relative to the central signal indicator is used as well as MACD. The following rules are then added:
- Presumably bullish trend when the histogram of green.
- Presumably the bearish trend with red histogram.
- It is necessary to wait for the moment when the histogram turns yellow.
- Presumably, the market is bought when the histogram is above an upper signal.
- Presumably, the market resold, when the histogram is below a lower signal.
Increase the value of "insensitivity" to analyze the longer-term situation.
Thank you for your attention and success in trade!
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