Combining RSI and Two Stochastics for Trend-State Signals

Summary

The TMMS oscillator combines one RSI series with two stochastic series. It centers each reading around its midpoint and classifies the histogram as bullish when all three are above that level, bearish when all three are below, and neutral when they disagree. The second stochastic supplies the plotted histogram value, with distinct colors for each state.

An optional Hull moving average component marks whether its calculated curve is rising or falling using colored dots at the zero line. The document gives indicator settings and implementation logic, but supplies no market, timeframe, backtest, or performance evidence. These synchronized oscillator states and the moving-average direction can describe momentum and trend conditions; they do not establish profitable entry or exit rules on their own.

Key ideas

• The oscillator uses one RSI and two stochastic readings to determine a shared directional state.
• A bullish or bearish state requires all three readings to be on the same side of their midpoint.
• Disagreement among the readings is represented as a neutral histogram state.
• An optional Hull moving average marks rising and falling trend direction with different dot colors.
• The document provides no backtest or evidence that the indicator generates profitable trades.

Tags

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