The Trboalgo Alerts Indicator is a standard trend-following tool that utilizes price position and trail stop to generate alerts.
When the price is above its trail stop, the indicator indicates an uptrend by coloring the candles green and displaying a buy alert , signaling the start of a new trend.
When the price is below its trail stop, the indicator indicates an downtrend by coloring the candles red and displaying a sell alert , signaling the start of a new trend.
by this alert trader can identify overbought and oversold condition..