SFT Full OsMA overbought and oversold

This highly informative indicator applies overbought/oversold levels for more accurate representation of the market situation.

All moving average settings are available, including average type and price it is based on.

It is also possible to change the appearance of the indicator - line or histogram.

Additional parameters enable more fine-tuning, while trading can be inside the channel and along a trend.


Distinctive features

  • Oversold/overbought levels;
  • Does not redraw.
  • Additional parameters for fine-tuning;
  • Displayed as a line or a histogram;
  • Works on all timeframes and symbols.
  • Suitable for manual trading and development of Expert Advisors.

For more accurate entries and additional confirmation of signals, it can be used in conjunction with other indicators.


Options

  • OBS_Period - period to calculate oversold and overbought levels.
  • Line_or_Histo - display the indicator as a line (true) or a histogram (false).
  • Period_FastMA - fast moving average period;
  • Period_SlowMA - slow moving average period;
  • Period_SignalMA - signal moving average period period;
  • Method_FastMA - fast moving average type;
  • Method_SlowMA - slow moving average type;
  • Method_SignalMA - signal moving average type;
  • Price_FastMA - prices used to build fast moving average;
  • Price_SlowMA - prices used to build slow moving average.


Trading recommendations

  • If the histogram (line) is near 100 or -100, the price reversal probability is high.
  • If the histogram (line) crosses 50 or -50, the price will most likely continue moving in the same direction.
  • If the histogram (line) exceeds 0 and the Highs increase, there is an uptrend.
  • If the histogram (line) is below 0 and the Lows decrease, there is a downtrend.
  • Local Highs and Lows on the histogram show that the price may reverse or start correction.
  • If the histogram (line) crosses the zero line downwards, it is a sell signal. If it crosses the zero line upwards, it is a buy signal.
  • Classic divergence signals between the indicator and the price chart - additional confirmation signals.
  • The direction of the deal should correspond to the direction of the trend on the higher timeframes.
  • Close the deal by an opposite signal or by the defined SL and TP levels.
  • When using SL and TP, it is recommended to set SL beyond the nearest extremum, TP = 1..2 SL

Other options are also possible. You can develop the most convenient tactics for you in the process of trading.

Additional information and a more detailed overview of trading methods can be seen here:

We wish you a stable and profitable trading.

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Send us a message after your purchase to receive more information on how to get your  BONUS  for FREE  that works in great combination with Bull vs Bear ! Bull versus Bear is an easy-to-use Forex indicator that gives traders clear and accurate signals based on clear trend retests . Forget about lagging indicators or staring at charts for hours because  Bull vs Bear provides real-time entries with no lag and no repaint, so you can trade with confidence. Bull vs Bear  helps you enter trades during
Gold PL MTF - c'est un excellent indicateur technique d'actions. L'algorithme de l'indicateur analyse le mouvement du prix de l'actif et reflète automatiquement les niveaux pivots importants de la période spécifiée (TF) à l'aide de la méthode de Fibonacci (section dorée). L'indicateur décrit parfaitement la trajectoire du prix de la période sélectionnée (jour, semaine, mois, année), détermine le début d'une tendance et le début d'une correction, qui peut évoluer vers une tendance opposée. L'i
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The support and resistance levels are among the main components of the entire technical analysis. They are used both by professional traders and by beginners. Prices usually move within the price channels. The upper boundary of such a channel is called resistance, and the lower one is support. This indicator plots fractal support and resistance lines at the highest and lowest local price values (fractals). Distinctive features Does not redraw. Clear and understandable signals. It is possible to
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MACD indicator with overbought and oversold zones. Two display options - classic lines and a histogram. Can be used to detect a possible reversal or pullback in price, as well as for channel strategies All settings are simple and straightforward - all like a standard indicator, but with additional support and resistance levels Can be used both separately and together with other indicators
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Bulls indicator with overbought and oversold zones. Two display options - as a line and as a histogram. OBS (overbought and oversold) indicator series - are indicators that have been provided with overbought and oversold zones. This is the standard indicator, but it provides additional possibilities for the analysis of any market. Thanks to a special algorithm, this indicator has overbought zones =70 and =100, as well as oversold zones -70 and -100, which allows you to use it to determine the p
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The indicator is designed for visual determining market directions. It allows to determine the distance from a price and helps in drawing correct conclusions. Perfectly defines flat zones, horizontal intraday trends and trend movements, and an additional setting allows to use the indicator on any instrument. Does not redraw its readings. You get professional trading indicator for a reasonable price. Settings: Period_FF = 7 - indicator period Sensitivity_FF = 5 - sensitivity in % Wish you all su
The indicator colors bars displaying prices of overbought and oversold areas on the chart. It will help you to estimate moments when market climate changes and the price has its local extreme values. It can be used both independently and as a good supplement to any channel trading system. And this indicator is easy-to-use in expert advisors due to usage of indicator buffers instead of graphical objects. Settings ExtPeriod = 100 — indicator period; Sensitivity = 80 — indicator sensitivity.
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A classic indicator with advanced features for more accurate display of the market situation. All settings of all moving averages are available, such as the moving average type and the priced used in its calculation. It is also possible to change the appearance of the indicator - line or histogram. Additional parameters provide the ability of fine tuning. Distinctive features Does not redraw. Additional parameters for fine tuning. Displayed as a line or as a histogram. Works on all timeframes a
This highly informative indicator applies overbought/oversold levels for more accurate representation of the market situation. All moving average settings are available, including average type and price it is based on. It is also possible to change the appearance of the indicator - line or histogram. Additional parameters enable more fine-tuning, while trading can be inside the channel and along a trend. Distinctive features Oversold/overbought levels; Does not redraw. Additional parameters for
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