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Do you really need a bunch of squiggly lines on your screen to tell you if the market is in an overbought or oversold condition? This indicator will tell you at first glance and have you in or out of a trade much faster than any other oversold/overbought indicator. And in the trading business, sometimes milliseconds count.
- Add to any chart or time frame
- Paints on current bar
- DOES NOT REPAINT several bars after the fact
- Choose indicator on which to base OB/OS condition
- Set indicator parameters to generate OB/OS condition