Real author: Bruce Hellstrom (brucehvn)

The Psychological indicator implemented as a color histogram, featuring alerts, push and email notifications.

Possible variants of alerts, Push and email notifications (Buy and Sell respectively):

• Breakout of the overbought zone
• Trend in the overbought zone
• Breakout of the indicator's midline - beginning of the Buy trend
• Continuation of the Buy trend outside the overbought area
• Continuation of the Sell trend outside the oversold area
• Breakout of the indicator's midline - beginning of the Sell trend
• Trend in the oversold zone
• Breakout of the oversold zone

Fig. 1. The ColorPsychological indicator