MaRsi-Trigger: Trend and Flat States from Moving Averages and RSI

Summary

MaRsi-Trigger is an indicator that classifies an asset into three states: rising, falling, or flat. It encodes those states as plus one, minus one, and zero, respectively. Its signals combine two moving averages with two RSI oscillators that use different lookback periods. The description explains the state labels and the indicator components, but does not specify their periods, thresholds, or the exact rules used to combine them.

The source notes that the indicator was first implemented in MQL4 and published in 2010. It offers no chart evidence, backtest, or performance assessment, so the state labels should be treated as an indicator design rather than proof of a predictive edge. Users would need to consult or inspect the implementation to understand how signals change and to test whether they are useful for a given asset, timeframe, and trading approach.

Key ideas

• The indicator labels asset conditions as rising, falling, or flat using values of plus one, minus one, and zero.
• Its signals use two moving averages and two RSI oscillators with different periods.
• The description does not state the periods or exact signal-combination rules.
• The document provides no testing evidence or performance results.

Tags

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