A Composite Momentum Oscillator from Momentum, CCI, ATR, RSI, and ADX

Summary

The document introduces a configurable oscillator intended to indicate market direction and potential entry timing. Its inputs are the CCI, ATR, Momentum, RSI, and ADX periods, together with offsets for the signal line and the oscillator relative to zero. It describes a two-stage calculation: first, ATR, CCI, and RSI are combined and divided by ADX, then adjusted by an offset; next, that result is divided by the sum of ATR and ADX and adjusted by a second offset.

The material provides the indicator’s component list and calculation structure, but no interpretation rules for specific readings, entry or exit thresholds, market examples, or performance evidence. It does not explain normalization, behavior when the ADX or ATR terms are near zero, or how the offsets should be chosen. Traders would need to inspect an implementation and test the signal across relevant instruments and time periods before treating it as a usable strategy.

Key ideas

• The oscillator combines five standard technical indicators into a composite measure.
• Its configurable settings include indicator periods and two line offsets.
• The signal is calculated in two stages using indicator sums and divisions.
• The document gives no trading thresholds or evidence of strategy performance.
• Parameter choices and behavior in edge cases require independent evaluation.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.