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MTM Over Bought/Sold
The MTM Over Bought/Sold is an indicator that I use to trade Options. I use it in conjunction with other Indicators to try to pinpoint the exact time to enter an forex options trade. It can be used in MTFs and has worked very well for me. As you can see when the indicator plotter is in the Green it shows it Over-Sold and I enter a Buy option, when its on the Red it signifies an Over-Bought so I enter a Sell option.
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