The is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with .
- Alerts on and Divergence. (Be sure to have the correct time frame selected when issuing an alert, and if you want them to let you know every time moving forward, to select the correct alert settings so you don't need to keep resetting them up.)
- Purple band, orange line, changes red when reaching oversold/overbought region.
- An additional 50% line, that is also removable via settings. It has the 50% line added (When it's above 50%, usually shows the current swing on that time frame is in the bulls favor). Try it out on the weekly - you'll see a clear example of a market/ 50%+.. and a market and under the 50%.
- Labels , Not intrusive, No text, just basic easy to follow Bull an Divergences as markets on the chart. (Green = Bull Div . Blue = . Red = Bear Div .)