Premium Only Content

Program 90 | Finding extreme oscillator 'hooks'
This TradeStation EasyLanguage program is designed to assist traders in identifying potential trade entry zones by analyzing key oscillator behavior. The script monitors several popular momentum indicators—including %R, MACD Histogram, Commodity Channel Index (CCI), and Stochastic Oscillator—for the formation of "hooks" or pivot points that occur beyond overbought or oversold thresholds. The values of the overbought and oversold levels are set using user inputs.
A hook is defined here as a local turning point in the oscillator's movement, signaling a possible shift in momentum. When two such hooks occur consecutively in the same extreme zone (either overbought or oversold), the oscillator is flagged with a visual plot on the chart. If the oscillator subsequently crosses back through the overbought or oversold line within a user defined number of bars, an additional plot is drawn.
A 'hook' is marked with a cross and a crossover of the oversold line with a dot.
By highlighting these recurring patterns, this tool aims to give traders an early visual cue of potential momentum reversals. It’s not a standalone trading signal, but rather a contextual aid to support broader technical analysis and decision-making.
See https://markplex.com/easylanguage-programs/program-90-finding-extreme-oscillator-hooks/
-
LIVE
JULIE GREEN MINISTRIES
1 hour agoLIVE WITH JULE AND TIM BALLARD
9,740 watching -
LIVE
Viss
1 hour ago🔴LIVE - Acquire PUBG Tactics Acquire Chicken Dinners! - PUBG 101
73 watching -
LIVE
GritsGG
23 minutes ago24+ Hour Marathon Stream! Most Wins in WORLD! 3704+!
19 watching -
LIVE
The Mike Schwartz Show
1 hour agoTHE MIKE SCHWARTZ SHOW with DR. MICHAEL J SCHWARTZ 10-07-2025
4,110 watching -
LIVE
GloryJean
23 minutes ago[MnK] Gaming w/ The Boys 🖱️ 6.7 K/D
13 watching -
12:46
RTT: Guns & Gear
5 hours agoThis Might Be the Best .45 Cal Suppressor: Anechoic Suppressors AnechoX 45L
451 -
LIVE
Matt Kohrs
11 hours agoLive Day Trading: Ripping Higher || Stock Market Open
525 watching -
LIVE
Wendy Bell Radio
5 hours agoWorse Than Watergate
7,699 watching -
LIVE
Barry Cunningham
1 hour agoMUST SEE LIVE: PAM BONDI SENATE HEARING!
1,372 watching -
LIVE
LFA TV
12 hours agoLIVE & BREAKING NEWS! | TUESDAY 10/7/25
2,644 watching