National Prise Reversal

Those interested can download LED demo version, that does not display its data on the last 25 bars, but is ideal for testing.

Indicator National Prise Reversal is an oscillator of the national currency (optional: USD, CAD, CHF, JPY, GBP, EUR, AUD. It is built according to the principle already known oscillator Prise Reversal. But it analyzes the movement of the selected national currency pairs with other specified currencies. On the basis of these data, the indicator National Prise Reversal already defines the state of overbought or oversold selected currency. Finding indicator overbought talks about a possible imminent weakening the relevant currency on these pairs generally oversold - the potential growth of this currency.

In more detail the idea of ​​using the indicator is described in the article, Indicator overbought and oversold.

An indicator:

• CurrencyOne - one currency. Default - USD, schedule is displayed in blue. To display on other national currencies using the following symbols of the data: CAD, CHF, JPY, GBP, EUR, AUD.


• CurrencyTwo - two currency. Default - False (not displayed). To display the data on national currencies using the following symbols: USD, CAD, CHF, JPY, GBP, EUR, AUD (Red).


• ExtPRPeriod - the period for which the indicator is calculated. Default - 10.