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OBOS Overbought Oversold indicator for MT4

OBOS indicator

OBOS Indicator is an exclusive indicator to spot entries based on price action.
The OBOS Indicator is both effective and user friendly.
Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache.
The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information.

Inputs of the indicator are:
  • MaxBars: number of bars to display in your chart
  • Smoothing period: number of bars to be used for indicator calculations
Trading rules:
  • wait for the indicator to give you an overbought or oversold signal (usually blue and magenta bars)
  • once signal comes out, wait for price to calm down (small bar or no bar in the indicator)
  • enter in the market with a SELL or BUY order

Please look at the screenshots attached for examples of entries applying the rules given above.
The indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The indicator works fine with any time frame.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicators are developed both for MT4 and MT5.

List of all our indicators:
👉  You can get the complete list of our indicators visiting our profile page.

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[ MT5 Version ] Order Block Indicator MT4 Order Block Indicator MT4  is currently the most accurate and customizable indicator in the market. It has been developed to facilitate the analysis of operations based on Order Blocks and Supply and Demand Zones. These zones are possible reversal points of a movement. Order Blocks indicate a possible accumulation of orders in one area. The price usually gets to reach and react strongly to those areas. The most relevant levels for this reaction are the c
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Indicadores
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Indicadores
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CandleBarColorate
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Indicadores
This Indicator does not repaint itself at all, it's identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data and therefore the moment in which prices have strong probability of following a new TREND. CandleBarColorate never misses a beat, he always identifies a new TREND in the bud without error. This indicator facilitates the reading of charts on METATRADER; on a single wi
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4.33 (6)
Indicadores
Desbloqueie o poder das informações de volume real com o indicador   Candle Power Pro   . Esta ferramenta dinâmica captura os dados de volume reais para cada vela e os apresenta como uma porcentagem do volume total. Ao fazê-lo, permite-lhe discernir a luta contínua entre compradores e vendedores no mercado. O Candle Power Pro exibe a batalha entre compradores e vendedores como uma porcentagem do volume total, fornecendo informações valiosas sobre a dinâmica do mercado. Você pode facilmente confi
Market Breaker Updated version 3
Allistair Kabelo Mandow
1 (1)
Indicadores
Features for software Main functions: Accurate entry signals WITHOUT REPAINTING! Once a signal appears, it remains valid! This is a significant distinction from repainting indicators that might provide a signal and then alter it, potentially leading to deposit losses. Now, you can enter the market with higher probability and precision. There's also a function to colour candles after an arrow appears until the target (take profit) is reached or a reversal signal appears . Display of STOP LOSS
Weis Wave with Alert
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4.79 (19)
Indicadores
Rental/Lifetime Package Options and Privileges' * For optimum results the yearly or lifetime package is suggested due to live training and Discord  channel trading with the  creator! Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x 2-hour live methodology traini
MartingaleArrow
Abdulkarim Karazon
Indicadores
Martingale Arrow é um indicador mt4 do tipo seta projetado para negociação de opções binárias martingale, esta seta é impressa na barra aberta/intra e dá alerta. COMO USAR: abra a negociação no momento em que a seta aparecer, se a negociação for vencida, aguarde o próximo sinal e negocie o mesmo lote. Se a negociação perder o lote duplo no próximo sinal e continuar fazendo isso até que o sinal ganhe, então reinicie e negocie com o primeiro lote de negociação. PRAZO RECOMENDADO: QUALQUER Depósit
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Aleksandr Makarov
Indicadores
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!   The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the oppo
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Versão 1.50 2023.07.02
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