Any chart overbought and oversold

Multicurrency indicator Any chart obs is a price chart with a percentage scale.

Can be displayed as a line and as a histogram. There is also a reverse function available, it mirrors the chart. The name of an instrument to be displayed is specified in the input parameters, the current symbol is used on default.

The indicator doesn't have lags as it is not smoothed with any formulas, but bound to a percentage scale, what allows detecting the price equilibrium, the overbought and oversold state. The indicator can be used for determining the start and direction of a trend / flat. It is also useful for analyzing the movement of several pairs simultaneously in a single window when using paired trading and other methods.

The charts can be turned upside down depending on the correlation of the instruments analyzed.

Another feature of this indicator is the lines of the instruments (when analyzing several instruments in a single window) are not redraw when scrolling the chart.

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TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
Currency Strength Matrix
Raymond Gilmour
4.5 (26)
Indicators
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HERE
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