Page 1 of 2
Overbought and oversold indicator
Posted:
Fri Aug 10, 2012 2:42 pmby Alexander.Gettinger
Formula:
Overbought_Oversold=(MA/ATR)*100, where
MA - moving average for (Close-Low) with Length as period,
ATR - average true range with Length as period.
Download:
The indicator was revised and updated
Re: Overbought and oversold indicator
Posted:
Fri Aug 10, 2012 3:21 pmby Blackcat2
How to read/interpret this indicator?
What is the overbought and oversold level?
Cheers..
BC
Re: Overbought and oversold indicator
Posted:
Sun Aug 26, 2012 12:14 pmby Jeffreyvnlk
Sorry, i can not load that indicator, the message as following:
Uploaded with
ImageShack.us
Re: Overbought and oversold indicator
Posted:
Sun Aug 26, 2012 11:56 pmby Ekaterina
Hi Jeffreyvnlk ,
Please load the indicator from the attachment below. That should solve the problem:
Best regards,
Ekaterina
Re: Overbought and oversold indicator
Posted:
Wed Apr 10, 2013 6:49 pmby Jeffreyvnlk
Appreciated if you could add 2 levels for overbought and oversold.Thanks
Re: Overbought and oversold indicator
Posted:
Fri Apr 12, 2013 4:17 amby Apprentice
overbought, oversold levels added.
Re: Overbought and oversold indicator
Posted:
Thu Apr 25, 2013 3:18 amby Jeffreyvnlk
If you want to know, this kind of alternative %R
Re: Overbought and oversold indicator
Posted:
Fri Apr 26, 2013 10:54 amby Apprentice
Can you explain this post ...
Re: Overbought and oversold indicator
Posted:
Sun Apr 28, 2013 4:13 pmby Jeffreyvnlk
Apprentice wrote:Can you explain this post ...
Original Post : OB/OS relating to MVA(Close-Low)/ ATR (H-L)
and
%R ~ (H-C)/ (H-L)
The indicator made in this topic dealing with Low whereas %R High so both sort of same
Re: Overbought and oversold indicator
Posted:
Mon Apr 29, 2013 5:16 amby Apprentice
Alex is using this formula it his indicator.
OBOS =100* MA of (close - low) / ATR (Price)
Price is not H-L
Can you once again write forumulu that you want to use.
Is it.
%R ~ (H-C)/ (H-L)
Overbough_Oversold.lua