Forex OB OS entry

Forex overbought / oversold entry indicator is based on a very powerfull strategy which give very accurate entry arrows. The indicator place arrows on "new candle" and does NOT repaint! This indicator is a MUST HAVE if you trade with a reversal strategy. This indicator can easely be combined with your other trading indicators to confirm reversals or bottoms.

If you have ever had any trouble finding correct entries this indicator is the best available for you! Standard overbought and oversold strategies does NOT work, for this reason i developed this custom indicator, combine this with your trading plan and you are good to go!


This indicator gives very accurate signals, combining with a good risk:reward trading plan can give you an insane edge over the market. Use topdown analysis to even increase your winrate! Feel free to contact me if you have questions about this powerfull tool.


How To Trade

Very simple follow this steps:

Step 1: Trade Setup

  • Enter with a pending order 5-10 pips above or below last candle when a signal arrow appear.
Step 2: Set Stop Loss
  • Set a stoploss above / below signal candle, give it some room to move
Step 3: Set Take Profit
  • Option 1: Set take profit 1:1 risk reward. ( Highest winrate )
  • Option 2: Set take profit 1:2 risk reward. ( High winrate )
  • Option 3: Set take profit 1:3 risk reward. ( Medium winrate )

Note:

When using higher timeframes 1 hour + will give you the best results. When using lower timeframes combine with topdown analysis and other trend indicators.


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PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
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Indicators
Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that i
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