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MikeTyson

735
MikeTyson is a Momentum Oscillator that signals OverBought (OB) and OverSold (OS) condition.

The oscillator usually moves between an OB/OS cloud.

The oscillator signals OB/OS condition when it enters the cloud. The oscillator line changes its color to signal its position relative to the cloud:
  • In Between: No man's land
  • Inside the Upper/Lower Cloud: OB/OS
  • Beyond the Upper/Lower Cloud: Strong OB/OS (very usual in crypto currencies)



The indicator integrates Divergence Signalling. It allows to show:
  • Regular Divergences
  • Hidden Divergences
  • Hinting on Developing Real-time Divergences (both regular and hidden)



Additionally, we can improve the read of OB/OS condition using the following addons:
  • Show/Hide EMA Crosses
  • Show/Hide Cloud
  • Cloud Factor: To fine tune the OB/OS levels according to the characteristics of each market


The indicator needs at least 180 history bars to determine OB/OS levels.
發行說明
Fix Real Time Divergence Hinting

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