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MTF Moving Averages overbought and oversold

MTF Moving Averages indicator with overbought and oversold zones.

Two display options - as a line and as a histogram.

A series of OBS (overbought and oversold) indicators - these are indicators that have been enhanced with overbought and oversold zones.

Another feature of this indicator is that the lines of the indicators (when analyzing several indicators in a single window) are not redrawn relative to each other when scrolling the chart.

Settings

  • OBS Period - period of overbought/oversold calculation
  • Period MA - period of MA
  • Shift MA - shift MA
  • Price MA - price MA calculation prices
  • Method MA - MA calculation method
  • Time Frame - time frame used for calculation of MA
  • Line or Histo - displaying by line or histogram

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Version 1.1 2022.04.29
Improved code
Compiled in the new build