Find The Best Pairs For Your Strategy With This Indicator
I am back with another brand-new indicator the OGT RSI SENSITIVITY v1.0.
This indicator will give you a TRADING EDGE as it shows if a currency pair has mean reverting or momentum properties.
Any trading strategy is ultimately a mean reverting or momentum trend trading strategy. Would you like to know WHICH PAIRS and TIME FRAME best suits your strategy?
The OGT RSI Sensitivity Indicator scans all RSI overbought/oversold signals of a currency pair and calculates whether the outcome of each signal mean reverted or continued momentum.
We know that the movement and volatility of a pair changes over time, with short and long term scan periods to choose from, you can tell a currency pairs property in CURRENT MARKET CONDITIONS.
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The indicator is completely customisable with your own RSI period, OB/OS levels and the number proceeding bars to check if price mean reverting or continued momentum.
The output is a text file which provides the data for all time frames and overall for the pair. The data is extremely useful in identify which pair and the time frame to focus on.
All the details of how to use the indicator is in the video above. As always love to hear your feedback.
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