Statistical Overbought & Oversold Levels on Technical Indicators

Mean-Reversion Trading with Technical Indicators

We are constantly told about oversold and overbought levels as fixed numbers, but as markets move, so do their structure and statistical properties. We need to find a more objective and dynamic way to detect oversold and overbought levels on technical indicators.

I have released a new book called “Contrarian Trading Strategies in Python”. It features a l…