nathanvbasko wrote: Thu Jul 20, 2023 11:34 am dynamic MyNET ► Nadaraya-Watson Estimator

RMA, which is a variation of SMA, was used to filter NWE using phase accumulation of MACD values. In comparison with a regular EMA, it produces almost as fast as a regular one.

Note:  The other ones that uses RMA using phase accumulation of MACD inside dynamic MyNET are... LrQ, HuE, TBI, and WmD

• New users MUST read and follow these STEPS
• New templates (a must)
• You can download and read more about the system by clicking »» HERE

cinniri wrote: Fri Jul 21, 2023 6:16 pm hi i have a problem with the dynamic_mynet indicator, it starts scrolling through the various indicators without stopping

nathanvbasko wrote: Fri Jul 21, 2023 7:00 pm I'm unable to figure out how such a behavior could occur. However, I have an updated version of dynamic MyNET that will be uploaded soon. Make sure to download (and extract) the zip file accordingly, and follow the instructions shared in the previous post... the templates are also included.

The Relative Moving Average (RMA) indicator is a technical analysis tool commonly used in financial markets to identify trends and potential entry and exit points for trading positions. It is a variation of the traditional moving average indicator, designed to provide a more accurate representation of price movements by taking into account the relative strength of the underlying security.

The RMA indicator calculates the average price over a specified period of time, similar to the simple moving average (SMA). However, unlike the SMA, which assigns equal weight to each data point, the RMA assigns greater weight to more recent price data points. This weighting scheme allows the RMA to react more quickly to price changes and provide a more timely signal.

To calculate the RMA, the indicator takes the sum of the closing prices over the specified period and divides it by the sum of the weighting factors. The weighting factors are determined by the length of the period and follow a specific formula that assigns higher weights to more recent data points.

Traders and analysts use the RMA indicator to identify trends in price movements. When the RMA is rising, it suggests that the underlying security is experiencing an uptrend, indicating a potential buying opportunity. Conversely, when the RMA is falling, it indicates a downtrend, signaling a potential selling opportunity.

The RMA indicator can also be used to generate trading signals based on crossovers with other moving averages or price levels. For example, when the RMA crosses above a longer-term moving average, it may be interpreted as a bullish signal, indicating a potential trend reversal or continuation.

One of the advantages of the RMA indicator is its ability to adapt to changing market conditions. By giving greater weight to recent price data, it is more responsive to short-term price fluctuations and can help traders capture shorter-term trends.

However, it is important to note that like any technical indicator, the RMA is not infallible and should be used in conjunction with other analysis tools and risk management strategies. It is also crucial to consider the context of the market and other factors that may influence price movements.

In conclusion, the Relative Moving Average (RMA) indicator is a technical analysis tool used by traders and analysts to identify trends and potential trading opportunities. It provides a more accurate representation of price movements by assigning greater weight to more recent data points. By using the RMA indicator in conjunction with other analysis tools, traders can enhance their decision-making process and potentially improve their trading outcomes. — A.I. generated info