TMMS Oscillator
The TMMS (Trading Made More Simpler) Oscillator combines RSI, dual Stochastic, and Blau's SMI (Stochastic Momentum Index) to identify high-probability market turning points. The indicator features adaptive histogram coloring based on momentum convergence: green when all oscillators are bullish, red when bearish, and white during divergence states. Originally developed by SwingMan, it was part of a complete trading system developed in 2019 for "beginners, lazy traders and old men".
Key features include Hull Moving Average trend dots that change histogram thickness when momentum conflicts with trend direction, providing early warning of potential reversals. The SMI line acts as a dynamic centerline with crossing arrows marking momentum shifts.
Ideal for timing entries when all three momentum indicators align (histogram color) while Hull dots confirm trend direction. Best used on 15M-4H timeframes for swing trading, with alerts available for threshold breaks, SMI crosses, and Hull trend changes. The Quantum Color System allows full visual customization across 11 professional themes.
Aug 4 Update, download it again.
-Fixed Arrow Bug
Re: 👨‍🔬 Cagliostro's MT5 Laboratory
201- These users thanked the author Cagliostro for the post (total 18):
- kvak, Abdi, Ricstar_8, Abzak, thomdel, asgariHoo, mazibee, davidpont, forexjoe85, Thoth, ashdays, Topguy7, Andreas2000, macd & rsi, whiteadrian23, Lucas, SdW25, Rabi
"I conjure from shadows and shape fortunes from the unseen. The treasure lies hidden in plain sight, beneath the sunlight." - Cagliostro