The overbought/oversold indicator, which was first described in "Futures Magazine" in June 2000, under the name of "Psychological Index".
It has one input parameter:
Calculation:
where
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📈 StairSteps is an EA which can trade consolidation zones using a stairstep breakout trading strategy, trail the price and much more.
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📈 Fluid is a MT4 EA with trend detector, precise entry/exit points and advanced basket trade management which can hedge and recover a loss.
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📈 Heiken Ashi expert advisor with trend detector and advanced trailing options, such as ATR, PSAR, MA, Fractals and more.
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📈 NonLagMA is a Metatrader EA that can trade with the trend using the nonlagma indicator to determine the trend and the entries.
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📈 Auto Recovery is a MT4 EA that can successfully hedge a losing trade or a basket of trades until it will reach breakeven.
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📈 News was designed to trade news events in an OCO approach and can open multiple trades during the same event.
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📈 MACD was designed to trade using MACD while following the trend and the signals from the Stochastic indicator.
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📈 Trailing Stop is a Metatrader expert adisor designed to trail the price using various methods (ATR, MA, chandelier etc.).
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📈 Renko Expert Advisors is a set of two EAs, Renko Chart and Renko Trader, that can successfully trade with the trend on renko.
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📈 Traders Dynamic Index expert advisor that can trade with the trend following the TDI trading strategy.
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📈 Price Channel Expert Advisor for MetaTrader trades within the support/resistance levels, following the up or down trends.
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📈 Grid expert advisor can trade following a grid trading strategy while following signals from Stochastic.
