MT MERIT OBOS (Over Bought and Over Sold zone) : It is an indicator created to find reverse signals of over bought and over sold zone.
Please feel free to contact me if you need any further information.
Please let me know if you have any questions.
I hope the above is useful to you.
Suitable for people who trade by yourself, do not use with ea (non auto trade)manage risk management by yourself (Stop Loss,TP, Risk Reward, Martingale technique, ...)and fundamental analysis help to choose an advantageous trading symbol pair.
TRADE: Forex and Binary Option
TIME FRAME: All Time Frame ( recommend time frame D1 H4 H1 )
SYMBOL PAIR: All Symbol
SETTINGS:
PERIOD: Put the number Period for calculate. (1-10 The higher period you choose, the less signals. But the accuracy will be higher)
SIGNAL ZONE: There are 5 signals zone to choose : Very Aggressive, Aggressive, Medium, Safe and Very Safe(The higher signals zone you choose, the less signals. But the accuracy will be higher.)
Select Signals: Signal formular 1, Signal formular 2, Stop loss and Take profit point
ANALYSIS PROFIT: Accept value that is greater than ...point, If the value is less.
There are a lot of signals in each cycle, but the system only calculates the latest signal, so the Lose value is a lot.
ALERT: Popup, Mobile, Sound (Arrow and Alert after close candle)
DETAIL ARROW: Refine the arrow details in the display. Change Arrow: Icon, Gap, Size and Color(*****Arrow Signals: Non repaint, Non redraw, Non re-calculate*****)
----------------------------------------------------------------------------
We working day: Monday through Friday, 10:00 a.m. to 3:00 p.m.
