overbought oversold
Indicator
5 purchases
Version 1.0, Jul 2025
Windows, Mac
5.0
Reviews: 2
Trading product for overbought oversold Indicator Signal Indices, image 2
Trading product for overbought oversold Indicator Signal Indices, image 3
60
Sales
963
Free installs

Description

✅ Identifies overbought & oversold conditions with normalized momentum
✅ Uses a smoothed EMA-based central price for stable signal generation
✅ Displays dual histograms (Oo & Ll) to visualize momentum pressure
✅ Color-coded bars instantly show bullish, bearish or indecisive phases
✅ Marks precise BUY & SELL points with strict crossover arrows

Elevate your timing with the Overbought / Oversold Indicator: it computes a smoothed central price (ys1) via EMA, normalizes momentum through standard deviation, and plots dual histograms (Oo & Ll) alongside up/down EMA lines. Color-coded bars instantly highlight bullish (green), bearish (red) or indecisive (yellow) momentum shifts, while strict crossover arrows mark precise buy and sell points. Add this overlay to your chart for crystal-clear overbought/oversold signals and confidently time your entries and exits!

Also available as CBOT overbought oversold cbot cBot - cTrader Store

Summary

AI summary
The Overbought / Oversold Indicator is a technical analysis tool designed to identify overbought and oversold market conditions using normalized momentum. It calculates a smoothed central price via an exponential moving average (EMA) and normalizes momentum through standard deviation. The indicator displays dual histograms (Oo and Ll) alongside up/down EMA lines to visualize momentum pressure. Color-coded bars indicate bullish (green), bearish (red), or indecisive (yellow) momentum phases, providing clear visual cues. Additionally, strict crossover arrows mark precise buy and sell points to assist in timing entries and exits. This overlay can be applied to various markets including forex, commodities, indices, stocks, and cryptocurrencies, supporting symbols such as GBPUSD, EURUSD, USDJPY, XAUUSD, BTCUSD, and NAS100. The indicator integrates concepts related to RSI, MACD, Bollinger Bands, Fibonacci levels, and other momentum and trend tools. It is suitable for traders employing strategies like scalping, breakout, martingale, grid, and smart money concepts. The indicator is also available as a cBot for automated trading on the cTrader platform.
Indicator profile

Customer reviews

5.0
Reviews: 2
5
100 %
4
0 %
3
0 %
2
0 %
1
0 %
Customer reviews
July 25, 2025
It helped mostly by making bad ideas easier to skip, and It needs a boring test before bigger size.
July 13, 2025

Discussion

FAQ

Signal
Indices
Commodities
GBPUSD
RSI
Bollinger
Fibonacci
Scalping
AI
XAUUSD
NAS100
MACD
BTCUSD
Forex
Breakout
EURUSD
NZDUSD
Martingale
Prop
ZigZag
Supertrend
Fair Value Gap
SMC
Crypto
Grid
Stocks
ATR
USDJPY
VWAP
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Price

60
Sales
963
Free installs