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INVITE-ONLY SCRIPT

Swing Trade Pros - Oversold/Overbought Candles

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The STP Oversold/Overbought Candles is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The indicator will turn the candles White on extreme downside or upside volume . When this occurs it’s best to trade in the same direction as momentum. Once the next candle is no longer white a big move in the other direction usually follows.

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Swing_Trade_Pros
Also on:
Relative Strength Index (RSI)rsi_overboughtrsi_oversoldStochastic RSI (STOCH RSI)trendTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Relative Strength Index (RSI)rsi_overboughtrsi_oversoldStochastic RSI (STOCH RSI)trendTrend Analysis

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Swing_Trade_Pros directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

Swing_Trade_Pros
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.