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Re: MT4 Indicator requests and ideas

josi, Wed Mar 22, 2023 10:06 pm

Pucmola wrote: Wed Mar 22, 2023 9:40 pm
As overbought and oversold doesn't work as a trading concept (except in ranges), I changed your inputs around a bit.
I think, it may work now (albeit a bit late)
(Generally speaking: with the indicators you use, high indicator value equals high momentum and low indicator value equals low momentum - so a rising value CAN indicate a buy situation; a falling value CAN indicate a sell situation)
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