oversold

cheatcountry

The Projection Oscillator was created by Mel Widner (Stocks and Commodities Jul 1995) and this is another hidden gem that is of course a great complementary indicator to my previous Projection Bands . I would recommend to use both on the same chart so you get the full array of information. This indicator tells you where the current price falls between the bands...

cheatcountry

The Mobility Oscillator was created by Mel Widner (Stocks and Commodities Feb 1996) and this is another of my ongoing series of undiscovered gems. I would say this is probably the most complicated script I have written for an indicator. It is extremely complicated to calculate comparing to other indicators but this is essentially an overbought and oversold...

cheatcountry

The Relative Strength Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Jan 2022 pgs 22-25) and this is a handy moving average that combines a typical overbought/oversold mechanic with an overall trend indicator. Even though the typical length is so large it reacts extremely quickly when the stock becomes overbought or oversold....

LuxAlgo Wizard

The following indicator aims to return information over RSIs using multiple periods, including the percentage of RSIs of different periods being overbought/oversold, as well as the average between these multiple RSIs. The percentage of RSIs of different periods being overbought/oversold is additionally used to return adaptive overbought/oversold levels. ...

RozaniGhani-RG Aktualisiert 

█ OVERVIEW This indicator displays Cyclic Relative Strength Index based on Decoding the Hidden Market Rhythm, Part 1 written by Lars von Thienen. To determine true or false for Overbought / Oversold are unnecessary, therefore these should be either strong or weak. Noise for weak Overbought / Oversold can be filtered, especially for smaller timeframe. █ FEATURES ...

VishvaP

Updating an older concept here with some more oversold/overbought zones. Pretty self explanatory, red zone indicate overbought zones and green zone is a oversold. Often, price likes to bounce off of the lower bounds of these zones, but it can sometimes extend all the way through the zone onto the upper boundary. There are many lines to this indicator, i prefer...

huratub

My first script. Based on RSI , CCI , RVI, and MFI . You can customize overbought or oversold thresholds for any indicator. If you have any ideas - welcome. Disclaimer This is not financial advice. Trade on your own risk.

cheatcountry Aktualisiert 

The Stochastic Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 84-89) and this of course is very similar to the Ehlers Fisher Stochastic Relative Vigor Index I just published. In hindsight I probably should have published this one first but just like with the other script this is a stochastic version of a Relative...

cheatcountry Aktualisiert 

The Fisher Stochastic Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 101-104) and this is a many layered indicator created from his original Relative Vigor Index turned into a stochastic and then performing a Fisher transform on the results. I have included extra smoothing to provide clearer buy and sell signals as...

GASANOV_KIRILL

This indicator shows overbought and oversold zones. Can be used on all time frames. I personally use 15m - 30m. How to apply ?: - There can be many strategies for use! I use this indicator to buy an asset in the green zone and then sell it in the middle of the channel or in the red zone. - I strongly advise against entering counter-trend positions in a growing...

anaryan

The RSI is a very popular indicator that follows price activity. It calculates an average of the positive net changes, and an average of the negative net changes in the most recent bars, and it determines the ratio between these averages. The result is expressed as a number between 0 and 100. Commonly it is said that if the RSI has a low value, for example, 30 or...

chrism665 Aktualisiert 

I took a concept similar to the "Adaptive RSI" to get the RSI overlaid on a price chart. The problem I have with the Adaptive RSI is to me it sticks too closely to price. I wanted something much more visually helpful that can provide actual tradable signals and strategies. The orange line you are seeing is the "RSI Trend Line" The further the RSI moves away...

imal_max Aktualisiert 

This indicator alerts you only if there are divergences after price was oversold or overbought

JackCorsellis Aktualisiert 

Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from Net Advances, the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average of Net Advances from the 19-day exponential moving average of Net Advances forms the oscillator. As the formula reveals, the...

traderbaekdoosan Aktualisiert 

Hi forks, I'm trader Baekdoosan who trading Equity from South Korea. This Baekdoo multi OverSold OverBuy colored candle will give you the idea of multiple indicators in one shot with colored candle. Those indicators tell us that oversold or overbuy statistically. For the color, you can freely change based on your comfort. For me, in Korea white candle has red...

derMatzeImNetz Aktualisiert 

This Indicator shows the Absolute Rate of Change in correlation to its Moving Average. Values over 3 (gray dotted line) can savely be considered as a breakout; values over 4.5 got a high mean-reverting chance (red dotted line). This Indicator can be used in all timeframes, however, i recommend to use it <30m, when you want search for meaningful Mean-Reverting...

Trendoscope Wizard

Just variation of Multi Band oscillator present here: Multi-Band-Channel-Oversold-Overbought-Oscillator Changes are: Instead of regular moving average, here I am using Zigzag Moving average. This is calculated in similar to as explained in: Zigzag-Cloud Instead of ATR, using AZR (Average Zigzag Range) - Average-Zigzag-Range-AZR Rest of the logic...

cheatcountry Aktualisiert 

The Adaptive Stochastic Indicator V1 was created by John Ehlers (Rocket Science For Traders pgs 233-234) and this indicator uses the same calculations to find a cycle period that is then used for both the creation of the stochastic indicator but also for the smoothing to create a double smoothed stochastic indicator. Because it is calculated this way, this...