Example of how to apply and use Dynamic Zones with an indicator by injecting it's source into my adaptation of the original idea by Leo Zamansky, Ph.D., and David Stendahl.
• Load your desired oscillating indicator on your chart (CCI, RSI, etc).
• Load my "How To Use Dynamic Zones" indicator on your chart.
• In the "How To Use Dynamic Zones" indicator settings...
Highlights Oversold and Overbought
Show Cross Line when the momentum ends
Same design of my previous indicators
Setting recommended for EURUSD:
Length = 14
Oversold = 68
Overbought = 32
Other markets try:
Length = 14
Oversold = 70
El indicador destaca cuando el mercado esta en sobre-compra o sobre-venta
Para una mejor visualización, marca con...
I have used this indicator to find many lucrative opportunities. This indicator takes the moving average of CCI in custom, volatility-specific conditions. CCI measures "overbought" in the red-shaded region and "Oversold" in the green-shaded region. The shaded regions do not constitute a buy/sell signal alone, the MS CCI Squeeze is best used when market...
For all MACD enthusiasts out there, hot off the press, I present this next generation "Modified Stochastic MACD Oscillator" employing PSv4.0, originally formulated by Vitali Apirine for TASC - November 2019 Traders Tips. Just when you may have thought it was the end of the evolutionary line for MACD technology, it's not! Basically it's a NEW hybridization of a...
To know if we are in range, I recommend my other indicator "Trend Channel Gu5"
Stochastic shows overbought / oversold
Para saber cuando no hay tendencia y estamos en rango, recomiendo usar mi indicador "Trend Channel Gu5"
El cruce de K & D nos muestra cundo el mercado esta en sobre-compra o sobre-venta
Las alertas con banderas ayudan a visualizar mas...
Script to visualize the overbought and oversold condition on multiple timeframes. Good way to determine when you have a lower risk for enter a trade or to determine when you need to be on the lookout to sell.
Visualize on your chart when price in an oversold or overbought zone. A combination of Rsi and Stochasticrsi is used for higher probability. Wait for an zone to be displayed and then wait for price to exit a zone. Once this happens check candlestick patterns and support/resistance "lines" to find appropiate stoplosses for you entry or exit
Stochastic Momentum Index (SMI) or Stoch MTM is used to find oversold and overbought zones. It also helps to figureout whether to enter short trade or long trade.
Red Shade in the Top indicates that the stock is oversold and the Green shade in the bottom indicates overbought.
Enter Long once the Overbought Zone ended and there's a crossover below...
This is an implementation of the Stochastic Momentum Index from William Blau's his article in Stocks & Commodities.
This also allows the use of various different kinds of moving averages for the signal line. Options for this argument are:
sma (simple moving average)
ema (exponential moving average)
wma (weighted moving average)
trima (triangular moving...
This is Version - 2 of the Momentum Oscillator, Like i said on the prior version, This version has an Indicator for Trends.
Marks only Overbought and Oversold Based on the TREND.
The Trend dots are calculated exactly like the Slingshot system trend.