CeoCodes

CEO.CODES OVER BOUGHT / OVER SOLD ALERT

Over Bought / Over Sold ALERT (OBOS)

Alert for revesals & trends

Advantages: Alert can be set to any many timeframes. Alert gives a live signal during overbought & over sold market conditions for trend trading & reversals.

TradingView account needed: free

How to gain access to this script: https://www.ceo.codes/custom-indicators-alerts-by-ceocodes/over-brought-over-sold-alert

Watch a replay of Over Bought / Over Sold Alert on Youtube: https://youtu.be/_jKEOR4LWic

DESCRIPTION & HOW TO USE THE ALERT:


OBOS alert automatically finds live price levels where the market is over bought and over sold. When this occurs it shows a directional signal on the bottom of the chart.

A directional long/short alert can then be set from the indicator to give a live notification of changing market conditions.

These Support & Resistance levels are derived from live price which means the indicator will give a new level once the previous level is broken.

By visually laying out OBOS levels on the bottom of the chart with red & green arrows, Over Bought / Over Sold alert allows Support & Resistance levels as well as trends to be identified.

Over Bought / Over Sold alert can be used alone for long/short signals or used as a visual aid to assist in identifying levels on the chart.

This alert will clearly highlight possible Trends and also Support & Resistance levels for the any timeframe. The chart time can be adjusted in the input settings.

Over Bought / Over Sold alert allows easy determination of levels & trend direction than can assist in identifying trade entry, profit, target or reversal levels for chartists.

Disclaimer:
Past performance is not indicative of future performance. No representation is being made that any results discussed within the service and its related media content will be achieved. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice. CEO .CODES, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damages, consequential or otherwise, which may arise from the use or reliance of the CEO .CODES service and its content. © 2015 CEO .CODES

CEO .CODES indicators are built for TradingView. CEO .CODES is on no way a part of TradingView.
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