Sentiment Zone Oscillator

szo

Function Name: szo

Tags: None

Category: Price

"The SZO was devised on the belief that after several waves of rising prices, investors begin to get bullish on the stock with increasing confidence since the price has been rising for some time. The SZO measures that bullishness/bearishness and marks overbought/oversold levels."

 

Source: Walid Khalil - "Sentiment Zone Oscillator", Stocks & Commodities magazine, May 2012.

 

Parameters

Period

 

Default Value: 14  |  Minimum: 3  |  Maximum: 100

 

Type: Numeric

Overbought

 

Default Value: 7  |  Minimum: 0  |  Maximum: 100

 

Type: Numeric

Oversold

 

Default Value: -7  |  Minimum: -100  |  Maximum: 0

 

Type: Numeric

ShowTradeMarks

 

Default Value: -1

 

Type: Boolean