The Stochastic Oscillator is a classical indicator, one of the few leading indicators available to traders. Its main strength is that it is based on Support and Resistance and therefore generates stronger signals than most indicators.
The Bounce CCI is a free indicator that generates buy\sell signals based on the Commodity Channel Index indicator (CCI). Signals are generated by cross of overbought-oversold level in the CCI.
Commodity Channel Index indicator was developed by Donald Lambert and first introduced at the 1980 issue of Technical Analysis of Stocks and Commodities. It is used to identify periods of overbought and oversold at commodities and FOREX pairs, through cycle calculation.
Bounce RSI is a buy\sell indicator based on the instant bounce RSI method described here. The entry mechanism is a touch of RSI at a ovebought-oversold level. Indicator is for MetaTrader 4.
Relative Strength Index is a popular overbought-oversold indicator, developed by the famous indicator researcher and developer J. Welles Wilder. Its basis involves comparing the up-movements and the down-movements, to identify overbought and oversold periods in prices.
Recent Comments