Multi-Timeframe BullsBearsEyes Overbought and Oversold Display

Summary

This indicator presents the BullsBearsEyes oscillator state across ten timeframes using a set of colored squares. Pink indicates that the oscillator is below its oversold threshold, light blue indicates that it is above its overbought threshold, and gray represents values between those conditions. The display uses values from the last completed bars, so it summarizes closed-bar readings rather than the current forming bar.

The indicator depends on the separate BullsBearsEyes indicator file being available in the platform’s indicators folder. The description explains the visual encoding and data dependency but gives no oscillator formula, threshold settings, signal rules, or trading results. The colored multi-timeframe view is therefore a status display; further details are needed to interpret its readings as a standalone strategy.

Key ideas

• The display reports BullsBearsEyes oscillator readings across ten timeframes.
• Pink squares mark readings below the oversold threshold, while light blue marks readings above the overbought threshold.
• Gray squares indicate readings between the stated extremes.
• Values come from the last closed bars, and a separate indicator file is required.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.