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Overbought and oversold indicator

http://fxcodebase.com/code/viewtopic.php?f=17&t=22268

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Re: Overbought and oversold indicator

PostPosted: Mon Apr 29, 2013 11:44 am
by Jeffreyvnlk
Apprentice wrote: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)


Sorry for making it messy but i think ATR have some components dealing with H and L. Of course it is not so directly as %R case. If i am wrong, please correct me.Thanks

Re: Overbought and oversold indicator

PostPosted: Thu May 11, 2017 1:44 pm
by Apprentice
Indicator was revised and updated.
All times are UTC - 5 hours
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