The Overbought/Oversold Forex Indicator is a useful and popular tool for traders in the Forex market. This free MT4 indicator is designed to help traders identify when a currency pair has become overbought or oversold. The indicator works by analyzing the momentum of a currency pair and determining when it has become too strong or too weak. When the momentum is too high, the indicator will signal that the currency pair is overbought and when the momentum is too low, the indicator will signal that the currency pair is oversold. The Overbought/Oversold Forex Indicator is easy to use and can be an invaluable tool for traders looking to maximize their profits in the Forex market.
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