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PRIME* Multi-Osc OB/OS Overlap
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.
Sound alert (configurable rearm)
Email alert (possibly configured as SMS alert)
Message displayed in Alerts Log window
- 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
Ready to use out of the box
Fully configurable & customizable with ease
- 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).
PRIME* Multi-Osc OB/OS Overlap $$5 5Agbaje100%I was struggling to set up my newly bought product in the name of Multi-Osc OB/OS Overlap, Solar Wind plus KingRenko$ bar I just bought it. As soon as I started the chart box, Miss Grace Lopez came to my rescue. She lead the way, connected to my computer with my permission, and set up my software without any problems. She was patient and kind. I am so grateful to her and truly appreciate her assistance. She is certainly an asset to your company. Hopefully, she will stick around longer and ninZa.co group of companies i.e. personnel will appreciate her contribution to the company. Once again, Thank you Miss Grace for your effort in solving my frustration at 2:00 Am in the morning.
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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