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Multi-Osc OB/OS Overlap

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Regular Price $496 Special Price $248

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Product Description

Top 5 best-selling products loved by traders over the past 3 months:

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Multi-Osc OB/OS Overlap (Multiple-Oscillator Overbought/Oversold Overlap) is a unique indicator that combines the 3 most popular oscillators in the trading world in the smartest way: Money Flow Index (MFI), Relative Strength Index (RSI), and Stochastic. The sole purpose of this combination is to increase the PROBABILITY of identifying correct overbought/oversold areas, thereby helping you have more accurate signals.

Multi-Osc OB/OS Overlap simplifies the analysis of MFI, RSI, and Stochastic by presenting their states with color-coded lines: green means oversold, pink means overbought, and grey represents the neutral state. When the overbought and oversold areas of all 3 indicators overlap, Multi-Osc OB/OS Overlap paints the chart background with user-defined colors to display the overlapped overbought/oversold zone, along with chart markers to alert you to the occurrence of the overlap.

The unique-of-its-kind presentations provided by the Multi-Osc OB/OS Overlap catch your attention with their visual appeal and ease of signal reading. It is more effective than the traditional way of applying a bunch of oscillators to your chart, thereby saving you valuable chart estates for other important indicators.

You can configure Threshold High & Threshold Low to define the overbought/oversold areas of MFI, RSI, and Stochastic separately. Increasing the threshold values will reduce the number of signals but may increase the probability of accurate ones.

Dedicated NinjaScript signals:
  • Signal_Trade: 1 = bullish reversal, -1 = bearish reversal
  • Signal_Detection: -1 = detection of overlap OB, 1 = detection of overlap OS, 0 = none
  • Signal_State: 1 = overlap OB, -1 = overlap OS, 0 = no overlap
  • Signal_StateMFI: 1 = overbought, -1 = oversold, 0 = middle
  • Signal_StateRSI: 1 = overbought, -1 = oversold, 0 = middle
  • Signal_StateStoch: 1 = overbought, -1 = oversold, 0 = middle

Software Changelog

  • 11 Apr 2023 - An alert message was modified.
  • 05 Apr 2023 - Signal_Trade & bullish & bearish reversal markers & bullish & bearish reversal alert sounds was added.
  • 20 Mar 2023 - The indicator was released (build new).

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  1. product_image Multi-Osc OB/OS Overlap $$
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    Helpful Supporter - Grace

    Thanks, Grace. You have been very helpful. And thanks for your patience :)

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    Excellent Suppoter

    The support was excellent, Grace.

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These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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