The TMMS oscillator (aka “Trading Made More Simpler”) is an indicator made of conditions based on both 2 separated Stochastic and 1 RSI.
- Bullish zone is green
- Bearish zone one is red
- When the histogram is grey, no signals are available at that time
- When the trend is up, green dots are plotted on the zero line.
- When the trend is down, the dots are colored in orange.