GBTT Magic Line

10 jun 2022

Overview:

This indicator merges concepts from RSI , Stochastic , and Stochastic RSI together and runs at a specific time period to look for potential oversold and overbought scenarios.

Intended use:

To provide educational content about the short term movement of an asset. Can be used on any time frame.

Disclaimer:

NOT intended to be a sole source of Technical Analysis or anything more than an educational tool!

16 jun 2022

Notas de prensa

Added option to show the TICK chart value on the side in a table, and changed the background shading to only show once the previous candle close is confirmed. This will eliminate any repainting/false positives that might happen on the live/real time candle.

7 jul 2022

Notas de prensa

Updated the UI only to not conflict with other tools color wise. Changed the default colors

14 jul 2022

Notas de prensa

updated the tick table to show TickQ over Tick when you are viewing QQQ or NQ

19 jul 2022

Notas de prensa

added optional parameters and version number in the settings. Functionality unchanged.

30 sept 2022

Notas de prensa

minor text tweak

24 oct 2022

Notas de prensa

added optional average value line, shows the average value of the magic line. Same concept as the "D" line on stochastic oscillators

7 nov 2022

Notas de prensa

added Extreme Condition alert option