This is Screener script for Mean Reversion Channel Indicator
█ Description & How To Use
The screener works by scanning through up to 40 symbols and list down symbols that are currently within Overbought/Oversold Zone as defined by Mean Reversion Channel indicator.
The Overbought/Oversold Zone are further categorized and sorted by:
This script computes moving averages which the weighting of the recent quarter takes up about a half weight.
This script also provides their upper bands and lower bands.
You can apply moving average or band strategies with this script.
Moving average is a popular indicator which can eliminate market noise and observe trend.
There are several...