Reversion to the mean. Linear regression will do so.Originally Posted by ;
hey smoke.... Measuring the price's space from a moving average will be more akin to the macd, rather than stoch....
Yet one can find the maximum and min values and ratio outside the space that could plot similar stoch.... Not sure how much effect that extra code would have....
Here's your macd like variant.... Overbought oversold are adjustable...h
https://www.nigeriaforextrading.com/...1377269475.mq4