obos
Function Name: obos
Tags: None
Category: Momentum
The Overbought / Oversold (OBOS) indicator is very similar to the Stochastic and the Williams %R indicators. It relates the difference between today's closing price and the period's Low with the trade margin of the given period. Thus, it indicates the relative position of the closing price within the given period.
period |
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Default Value: 14 | Minimum: 1 | Maximum: 9999 |
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Type: Numeric |