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Bulls overbought and oversold

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 possible reversal or pullback of the price, as well as for channel strategies.

Can be used individually or in conjunction with other indicators


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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 fo
Arrow indicator, to determine adjustments and local trends The arrow appears on the current bar and after closing the bar will not disappear. Allows you to enter the transaction at the very beginning of the movement Thanks to the flexible settings you can use on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Does not redraw. Additional parameters for fine tuning. Works on all timeframes and symbols. Suitable for trading c
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Versão 1.1 2021.11.24
Compiled in the new build