FXCM Forex Trading

Overbought/Oversold Indicator

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Re: Overbought/Oversold Indicator

Postby Apprentice » Mon Aug 20, 2012 2:13 am

Your request is added to the development list.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 15163
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Overbought/Oversold Indicator

Postby elsigis » Mon Aug 20, 2012 7:27 am

This is a great indicator!
I discovered that one can use the longer term period settings of 10 and above for swing or trend trading and the shorter term periods, 3 to 9 for scalping.
Could could you include a line at the 0.00 point so that when momentum/trend shifts to the upside or downside it would be obvious.
Thanks.
elsigis
 
Posts: 18
Joined: Mon Sep 27, 2010 11:34 pm

Re: Overbought/Oversold Indicator

Postby Apprentice » Wed Aug 22, 2012 2:05 am

Your request is added to the development list.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 15163
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Overbought/Oversold Indicator

Postby Alexander.Gettinger » Thu Sep 06, 2012 2:58 pm

elsigis wrote:This is a great indicator!
I discovered that one can use the longer term period settings of 10 and above for swing or trend trading and the shorter term periods, 3 to 9 for scalping.
Could could you include a line at the 0.00 point so that when momentum/trend shifts to the upside or downside it would be obvious.
Thanks.


Please, see this version of indicator.

OBOS0.PNG


Download:
OBOS_with_zero_line.lua
(4.64 KiB) Downloaded 759 times
Alexander.Gettinger
FXCodeBase: Confirmed User
 
Posts: 2518
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

Re: Overbought/Oversold Indicator

Postby Alexander.Gettinger » Thu Sep 06, 2012 3:07 pm

MQL4 version of this indicator: viewtopic.php?f=38&t=23087
Alexander.Gettinger
FXCodeBase: Confirmed User
 
Posts: 2518
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

Re: Overbought/Oversold Indicator

Postby southflm11 » Thu Aug 21, 2014 12:57 pm

Apprentice, This Newer Overbought and Oversold Indicator would be a good Strategy. I have had it on many chart's and timeframes and looks really good on the 4 hour chart will include a pic .would it be possible to have it go long when it turns green and it will stay in the trade till it turns red and then it will go short .The blue won't have any affect .
Mark
southflm11
 
Posts: 4
Joined: Fri May 30, 2014 8:15 pm

Re: Overbought/Oversold Indicator

Postby Apprentice » Fri Aug 22, 2014 4:48 am

Requested can be found here.
viewtopic.php?f=31&t=61064
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 15163
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Overbought/Oversold Indicator

Postby Apprentice » Wed Apr 08, 2015 9:38 am

OBOS Overlay.lua Added.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 15163
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Overbought/Oversold Indicator

Postby 7510109079 » Wed Apr 08, 2015 12:52 pm

many thanks for the rapid response Apprentice!
7510109079
FXCodeBase: Graduate
 
Posts: 312
Joined: Wed May 18, 2011 7:23 am

Re: Overbought/Oversold Indicator

Postby amerado121 » Tue Aug 25, 2015 10:18 am

Hi Apprentice, great work on the indicator!
Is it possible to have alerts made on the +100 and -100 marks.
amerado121
 
Posts: 1
Joined: Tue Aug 25, 2015 10:14 am

PreviousNext

Return to Custom Indicators

Who is online

Users browsing this forum: Bing [Bot], Google [Bot] and 8 guests