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VectorVest 7: Graphs

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Add overbought/oversold display markers for RSI and Stochastic

Horizontal lines should mark the extreme levels for these indicators. By default, RSI is at 30 and 70 and stochastic is at 20 and 80. It would be nice if these levels were adjustable though...or just available to display or hide if that isn't possible.

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Angel Clark shared this idea  ·   ·  Report…  ·  Admin →
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  • Rick Foley commented  ·   ·  Report

    I have taken several training events such as the current "Trade Like a Pro" event and considering how much the RSI, Stochastics, ADX levels are used, adjustable levels are a no brainer. I am currently using Options Pro graphs to cycle through stocks to cut down the time it takes to evaluate. Most every other charting service provides this.

  • Tom Holm-Hansen commented  ·   ·  Report

    How about adding two more parameters to the indicator: "Overbought" and "Oversold" with the possibility of setting the values to whatever you like.