True Oversold Overbought[New Upgrade: TOSOB Smoothing X days]
New Upgrade: TOSOB Smoothing X days Most indicators that scan for Oversold or Overbought levels have a major downfall; they keep touching and re-touching what was previously otherwise marking oversold overbought state. In this new update, we have introduced smoothing without introducing delayed signaling when the market actually reaches a true Oversold Overbought level. Usage:1. Overbought/Oversold…