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Overbought and oversold indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=22222
Forum: 38 · Topic 22222 · 9 post(s)


Overbought and oversold indicator

Alexander.Gettinger · Thu Aug 09, 2012 1:31 pm

Formula:

Overbought_Oversold=(MA/ATR)*100, where MA - moving average for (Close-Low) with Length as period, ATR - average true range with Length as period.

Overbough_Oversold_MQL.PNG

Download:

Overbough_Oversold.mq4


Re: Overbought and oversold indicator

Alexander.Gettinger · Fri Aug 10, 2012 2:43 pm

LUA version of this indicator: viewtopic.php?f=17&t=22268


Re: Overbought and oversold indicator

Jeffreyvnlk · Mon Aug 20, 2012 6:26 am

Simple as RSI, 70 and 30


Re: Overbought and oversold indicator

Apprentice · Wed Aug 22, 2012 1:48 am

If I understand you, you want to add lines to 30 and 70.


Re: Overbought and oversold indicator

arindam89 · Fri Aug 24, 2012 4:47 am

[moderated: wrong location]


Re: Overbought and oversold indicator

Apprentice · Mon Aug 27, 2012 6:17 am

Your request is added to the development list. Why do you need me to install an indicator, on your computer.


Re: Overbought and oversold indicator

Jeffreyvnlk · Mon Oct 22, 2012 9:51 pm

Apprentice wrote: If I understand you, you want to add lines to 30 and 70.

Appreciated if you can add that bonus option


Re: Overbought and oversold indicator

Apprentice · Sun Oct 28, 2012 9:03 am

OB/OS Lines Added.


Re: Overbought and oversold indicator

Jeffreyvnlk · Mon Oct 29, 2012 9:32 pm

Apprentice wrote: OB/OS Lines Added.

So nice, thanks