OBOS Overbought Oversold indicator for MT5

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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SmartScalping is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates — all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or e
ScalpPoint
Temirlan Kdyrkhan
ScalpPoint is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates — all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or emai
KT Alpha Hunter Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
A maioria dos indicadores de setas mostra um sinal e deixa você descobrir todo o resto sozinho. O KT Alpha Hunter Arrows entrega um plano de trade completo. Cada seta de sinal aparece com um plano completo já desenhado: linha de entrada, stop loss, quatro níveis de take profit e um veredito de edge em tempo real, indicando se aquele ativo e timeframe valem a pena ser operados naquele momento. O Trade Manager EA incluído cuida da execução depois que você entra na operação, ajudando a manter a dis
CISD Levels Pro automatically draws CISD Buy and Sell levels directly on your chart. It highlights pending levels while they are forming, then marks confirmed levels after the confirmation candle closes. Optional confirmation arrows help you spot the signal quickly. This tool is designed for traders who want clean, simple CISD level visualization without extra indicators or clutter. Key Features Draws Bullish (BUY) CISD levels and Bearish (SELL) CISD levels Shows Pending levels (dashed) and
TrendProMaster
Temirlan Kdyrkhan
MasterTrend Indicator for MT5 A powerful trend-following and signal-evaluation tool MasterTrend   is a custom MT5 indicator that combines Moving Averages and ATR-based risk/reward logic to generate clear buy/sell signals. It visualizes dynamic SL/TP levels, evaluates past trade outcomes, and displays win/loss statistics in a clean on-chart panel. Key features include: Buy/Sell signals based on MA crossovers ATR-based SL/TP1/TP2/TP3 levels with visual lines and labels Signal outcome tracking wit
OmniSync Projection
Antonio-alin Teculescu
5 (1)
Chronos Fractal Engine is an innovative price projection indicator for MetaTrader 5, designed to transform your technical analysis by intelligently identifying and projecting historical price patterns. Built upon an advanced correlation algorithm and the fractal principles of the market, this powerful tool visualizes potential future price movements, giving you a unique edge in your trading decisions. What is Chronos Fractal Engine? At its core, the Chronos Fractal Engine employs a sophisticat
MasterTrend
Temirlan Kdyrkhan
MasterTrend Indicator for MT5 A powerful trend-following and signal-evaluation tool MasterTrend   is a custom MT5 indicator that combines Moving Averages and ATR-based risk/reward logic to generate clear buy/sell signals. It visualizes dynamic SL/TP levels, evaluates past trade outcomes, and displays win/loss statistics in a clean on-chart panel. Key features include: Buy/Sell signals based on MA crossovers ATR-based SL/TP1/TP2/TP3 levels with visual lines and labels Signal outcome tracking wit
Confluence Edge
Alessandro Farinella
Adaptive trend indicator with 4 selectable trading styles, built-in multi-timeframe  confirmation, and a live confidence score —all in a single MT5 indicator instance.  Full product description  Confluence Edge is a trend-following indicator for MetaTrader 5 built around one idea: a signal is only as good as the context around it. Instead of a single fixed moving average, it  lets you choose how the trend engine behaves, confirms every reading against a higher timeframe, and scores its own con
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