Oscillator normal BBands is a set of oscillators normalized using Bollinger Bands.
The main market entry/exit signals when using market reversal indicators (oscillators) are as follows:
oscillator line crossing the signal one below the overbought or above the oversold level oscillator exiting oversold/overbought zoneHowever, there are two issues:
if the market is in a range with no strong movements, the indicator readings do not reach standard oversold/overbought levels, though the marke
The WillSpread indicator is designed for working on related markets. It has been suggested by the famous Larry Williams in his book "Long-term secrets to short-term trading".
Example of related instruments: futures on the RTS index and Brent oil prices, or futures for ruble versus dollar pair and oil prices.
In essence, the indicator determines the "overheat" of one market related to the other. If the divergence of two assets reaches the extreme values, and then starts slowing down, a signal