Do you really need a bunch of squiggly lines on your screen to tell you if the market is in an overbought or oversold condition? This indicator will tell you at first glance and have you in or out of a trade much faster than any other oversold/overbought indicator. And in the trading business, sometimes milliseconds count.
Add to any chart or time frame
Paints on current bar
DOES NOT REPAINT several bars after the fact
Choose indicator on which to base OB/OS condition
Set indicator parameters to generate OB/OS condition