Banzai wrote: Sun Jul 03, 2022 1:16 am RSI OB OS
(on/off button)
I'm going to rename this indicator to OB OS.
Only super coder like mladen and mrtools can find the peaks and the troughs.
OB = overbought
OS = oversold
For this indicator, if you see a candlestick under the SMA (20),
which is also the middle line of the Bollinger Band,
and a bunch of red dots in the oversold area,
then it's a downtrend.
Vice versa for an uptrend.
Re: RSI Indicators for MT4
1971Could the dots or any other signal be added on the pullback from OB OS conditions?