Standard deviation levels to determine if the price is over-extended in the positive/negative direction about the user defined MA line.
Historical confluence with the different levels can be used to estimate and predict the probability of a significant price retracement within given time-scale; and to help anticipate if the price is nearing local or all-time highs/lows.
The ATR Auto Oscillator uses advanced range calculations to determine a dynamic range that the applied market moves within. Like an RSI , the ATR Auto Oscillator measures the speed and change of price movements through a given range. Unlike an RSI , the ATR Auto Oscillator automatically re-configures range values dependent on the user set lookback.
Return the percentage of closing prices greater than SMA's with periods within a user-selected range. An exponential moving average applied to these results is also displayed (in orange).
Min : Minimum period of the SMA in the range
Max : Maximum period of the SMA in the range
Smooth : Period of the EMA
Src : Input series of the indicator
There are many indicators of overbought/oversold conditions out there. Some of more common ones are:
- Bollinger Bands %B
- Money Flow Index (MFI)
- Relative Strength Index (RSI)
This script uses a combination of these 4 oscillators to confirm overbought/oversold and filter the signals of market reverse which could be used for trading binary...
Momentum Oscillator -Dynamic & Flow (Expo) is a fast-moving, sensitive oscillator that makes use of momentum in various ways. The indicator has two additional layers (Buy & Sell moves) and (Extremes) which makes it reacts quickly to price changes.
The indicator displays overbought and oversold areas as well as extreme areas and how aggressive buyers and sellers...
Momentum Dynamic & Flow (Expo) is a useful indicator that displays the momentum - as dynamic & flow, as well as where the momentum begins to stall.
♢ Momentum -Dynamic can be used to identify overbought and oversold areas.
♢ Momentum -Flow can be used to identify if the current trend has strong momentum.
♢ When momentum begins to stall it can be identifiable...
Prices high above the moving average (MA) or low below it are likely to be remedied in the future by a reverse price movement as stated in an Article by Denis Alajbeg, Zoran Bubas and Dina Vasic published in International Journal of Economics, Commerce and Management
Here comes a study to indicate the idea of this article, Price Distance to its Moving Averages...
Buy Sell Bands is a super simple indicator based on the mean reversion (range trading) strategy that shows you exactly where to buy, sell and close trades on every chart, market and timeframe.
It's best used together with our Range Strength indicator to identify when the market is in a range mode, this is the best time to take the entry signals from the Buy...
This indicator is the older version of the DBT MoMo v.4 that colors candles instead of using shading.
For a full write up on this indicator please see:
For Access or Questions: Private message us. Thank you.
RSI with overbought and oversold area in color and editable level. visually more interesting than the basic version the overbought and oversold areas catch the eye quickly. Depending on the strategies and your personal use of the RSI, you can modify all the lines and add colors to each defined zone.
overbought zone, oversold and editable noise zone
THANKS TO CG AND CHARLIE AND PHILLY FOR PUBLISHING THE ORIGINAL SOURCE CODE FOR ME TO ENHANCE AND TWEAK IT ON MY OWN!!!
This indicator is based off 3 different indicator's that use overbought and oversold market conditions to decide whether or not to short/long the bitcoin or ethereum price.
Note: NO INDICATOR CAN BE USED ALONE TO WIN EVERY TRADE SO USE AT YOUR...
Now with Bar Color!
The simplest upgrade to the classic indicator, old script:
B3 Stochastic Full
Also, if you like this one you may appreciate my personally modified take on the stochastic readings:
B3 Extended Stochastics
This simple indicator measure the difference between price and VWAP line
The VWAP Gap indicator works best on intraday charts
1. Add VWAP to your chart and set it up
2. Open "VWAP Gap Indicator" settings
3. Change source to "VWAP"
What is BDO?
- BDO is the Better Donchian Oscillator. This is a proprietary indicator which I derived from the donchian formula.
1. BDO is mainly used to determine overbought and oversold levels. I think it is more accurate in determing these levels than RSI or MACD.
2. It can also be used to follow major trends with a very high accuracy, although it is...
This is a simple RSI indicator that overlays the current chart to show labels for specified oversold and overbought areas defined with inputs.
It will delete any labels of the same kind within the last 3 candles so you don't see as many labels as you would otherwise.
Red labels with white text represent overbought RSI levels as defined by the user.