This will help you out with detecting market overbought and oversold Conditions on the Fly
Use this in conjunction with an oscillator
- , , etc...
- if you find a positive crossover with oscillator on a level its time to go long, targeting the next level and vice-versa
On Scripts Section of myProfile
I Wake Trade Eat Sleep Daily!
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.