Wednesday, October 18, 2017

XCalper TFO

XCalper TFO


This oscillator is designed xCalper in 2015 and is based on the calculation of moving averages to describe and predict the levels of overbought / oversold.


Fast line (default white) varies largely between -0.5 (oversold) and +0.5 (overbought). Intersection line level up -0.5 generates pereprodannosti level. Intersection +0.5 level down level perekuplennosti forms. The intersection of the fast line value of 0.0 and a return to the previous value indicates a strong pullback.


Slow line (yellow by default) - simple moving average of the fast line. As parameters are the period and extent. The interpretation of the determination of overbought / oversold levels the same as for the fast line.


Moreover, the slow line signal (positive - negative or above 0.0 - 0.0 below), together with fast, may indicate the direction of the transaction.


Oscillator is better to use on the market to the flat to enter / exit the market.


XCalper TFO

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