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Robos

3.67

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Robos Indicator

The  ROBOS indicator is a multi timeframe oscillator that targets the overbought and oversold regions of a price chart, a signal is indicated by the two lines crossing, compatible with all tradable instruments


Latest Release


The latest release is the version 4.0


#What's new in version 4.0 ?

Features


Extreme oversold and overbought levels


  • ROBOS version  4.0 comes with cool new feature , the ability to target only extreme overbought & oversold prices , The new version also gives you the option to allow only extreme overbought or oversold signal alerts


#Input Parameters


* Mode: Enum options ( 'Mix','swing catcher, 'mix') 

* Look Back: 1000 ( the limit of the candles to calculate )


___Alert Options___

* Enable Alerts: True/false

* Enable Overbought & Oversold Alert: True /False

* Enable sound: True/False

* Mobile Notify: True/false

* Computer Alerts: True/False

* Sound file: alert.wav


___Overbought & Oversold Levels___

* Oversold Level + :  value  

* Overbought level - : - value //negative value


Note the overbought level should be set to negative( Add a negative sign " - " before adding the overbought level value)


-This will now enable the indicator to send notifications when the price has been extremely Oversold and Overbought

-You can turn off the  Overbought and Oversold Alerts notifications by setting the " Overbought and Oversold Alerts " to false

-This will not affect normal indicator functionality , all other alerts will still work fine with this feature turned off


#Indicator Usage?


Buying: Place your  Buy Entries when the lines cross below the zero  (0) line indicating a buy signal ,   you can  also target signals from overbought regions with new version 4.0; stop loss just a few pips below the swing low , A good exit strategy would be when the lines cross again  


Selling: Place your  Sell Entries when the lines cross from above the zero (0) indicating a sell signal ,  you can  also target signals from oversold regions with new version 4.0 ; stop loss just a few pips   above the swing high,  take profit when the lines cross again 


    This indicator  also usually works well when paired with the Price Tracker indicator 

#Compatibility  


-All tradable Currency pairs, Synthetic indices ,Metals,  Crypto, NASDAQ etsuitable for scalping and Swing trading,

-It can also be used as additional Confluence to enter a trade  when Price is at a significant level of supply and demand or Trend line touch

-MT4/MT5 versions available ,get in touch with us 

 

To see detailed information on how to use overbought and oversold levels , please continue reading here

https://www.mql5.com/en/blogs/post/750117


    Reviews 3
    oge turder
    26
    oge turder 2022.08.02 20:05 
     

    RESPECT TO THE AUTHOR

    majdisalameh
    26
    majdisalameh 2021.08.28 09:58 
     

    I bought this indicator before three weeks. it makes my trading profitable and easier. thank you.

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    Reversals   is a trading tool designed to help traders identify potential trend reversals. Suitable for all experience levels, it provides instant alerts across multiple channels, with customizable settings . Whether you’re a scalper or swing trader, Reversal Pro can be  integrated into your existing strategy. Key Features of Reversals Real-Time Alerts: Receive buy and sell signals directly via email, mobile, or desktop notifications. Non-Repaint Design: Once a signal is generated, it remains
    Trend Entry Levels Indicator The Entry Levels Indicator is a trend-following tool designed to assist traders by highlighting key levels for trade entries and profit-taking. It is built to support trading strategies by providing information on market trends and levels for Take Profit (TP) and Stop Loss (SL). This indicator can be used by traders of varying experience levels to enhance their market analysis. Features Non-Repainting Signals: Provides signals that remain consistent over time. Mul
    RoboS Indicator Version 1.5 The RoboS Indicator is a trading tool designed to enhance your market analysis. With advanced features such as Buy and Sell signals, it simplifies decision-making for traders across all experience levels. This indicator is compatible with all symbols and timeframes, making it a versatile addition to any trading strategy. Features Signal Arrows: Clearly identify Buy and Sell opportunities with optional arrows. Customizable Alerts: Receive notifications on your mobile
    Bobot AI
    Namu Makwembo
    Bobot AI is a sophisticated automated forex trading program that utilizes advanced algorithms to analyze market data and make predictions about future price movements. Our system is designed to quickly identify patterns and trends in the market, allowing you to make informed trading decisions. With automatic trade execution and a risk management strategy in place, Bobot AI empowers you to trade with confidence and ease Our focus is on helping traders make better-informed decisions and providing
    Follow Trend indicator ,   indicator works on Currencies , Indices ,Stocks Gold etc , good for follwoing trend on the markets suitable for scalping  Buy Rules; When the histo changes to Blue you place buy order ,stop loss just below the previous swing low Sell Rules; When the histo changes to Red you place sell order ,stop loss just below the previous swing high Trade on a timeframe which best suits your trading style
    Spot Turning Points with Ease The Catalyst Indicator is a tool designed to assist traders in analyzing potential turning points in price movements. By combining a smoothing technique with an advanced algorithm, this indicator offers signals that can support your trading analysis and decision-making. Parameters: Variable (Defaults) Cycle  14  Period  21 Drag  0.2 Computer Alerts  True Play_Sound   True Send_Email  false Send_Notification  True Signal_Bar   0 How It Works Signal Detection : Gree
    The Price Tracker Indicator is designed to outline a dynamic price channel, showcasing areas where price movement is typically contained. The indicator highlights potential areas of interest where price may react when approaching the channel limits. Versatile for Scalping and Swing Trading The indicator adapts to all timeframes and can complement various trading strategies. It integrates seamlessly with tools such as supply and demand levels, reversal patterns, and other confluences. Key Feat
    Rubdfx Spike Indicator 1.5: Updated for Strategic Trading The Rubdfx Spike Indicator is developed to aid traders in identifying potential market reversals and trends. It highlights spikes that indicate possible upward or downward movements, helping you observe when a trend may continue. A trend is identified when a buy or sell spike persists until the next opposite spike appears. Key Features: Versatility: Any Timeframe Adaptability: Designed   to work on all Timeframes however Recommended for
    RubdFx Perfect Reversal , The reversal indicator is used to determine areas of support and resistance by Drawing an arrow with a level of supply and demand ( ReversalZones ). - You will catch more swings by reducing the period, and less swings if you increase period - Mobile, computer and email alerts available . it is not pushed by price which means the arrow will stay in one place,suitable for scalping and long term trading  Also Compatible with all forex paris , BUY RULES;  open a buy positio
    RUBFX Trend histo mt5 ,   indicator works on synthetic indices, Currencies , Indices ,Stocks Gold etc , good for follwoing trend on the markets suitable for scalping  Buy Rules; When the histo changes to Blue you place buy order ,stop loss just below the previous swing low Sell Rules; When the histo changes to Red you place sell order ,stop loss just below the previous swing high Trade on a timeframe which best suits your trading style
    Holiday Sales Zones Indicator The Zones Indicator is your everyday Trading tool that  leverages advanced algorithms, including ICT institutional concepts like order blocks , engulfing candle patterns , and Level interactions , to identify critical levels of supply and demand (Resistance & Support). Visual signals are generated and clearly marked on the chart, providing a straightforward guide for traders to spot key opportunities. Key Features Advanced Algorithmic Analysis : Identifies supply
    Trend Assistant Indicator: Your Comprehensive Market Trend Analysis Tool The Trend Assistant Indicator is an advanced and versatile tool designed to help traders analyze market trends across multiple timeframes. By combining RSI, Stochastic, and CCI indicators, it provides valuable insights into market bias, supporting traders in making informed decisions. With its user-friendly interface and clear visual signals, the Trend Assistant Indicator simplifies the process of identifying market sentime
    The Rubdfx swing indicator is a useful tool for traders looking to identify trend changes in a particular instrument they are trading. It is designed to draw a line on the main chart, and the signals are indicated by color changes with signal alerts. The color green is used to indicate a bullish trend, while the color pink is used to indicate a bearish trend. These colors can be customized to fit the trader's preferences or theme. The Rubdfx swing indicator has the ability to spot both long-ter
    The rubdfx divergence indicator is a technical analysis tool that compares a security's price movement. It is used to identify potential changes in the price trend of a security. The indicator can be applied to any type of chart, including bar charts and candlestick charts. The algorithm is based on MACD, which has been modified to detect multiple positive and negative divergences. Settings  ___settings___ * fastEMA * slowEMA * signalSMA *Alerts:   True/False     #Indicator Usage Buying :
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    Agbakeleke Idowu
    641
    Agbakeleke Idowu 2024.08.14 20:14 
     

    So Bad. Couldn't make any profit with this indicator

    Namu Makwembo
    7503
    Reply from developer Namu Makwembo 2024.12.03 13:40
    Thank you for your feedback. We’re sorry to hear that you haven’t had a positive experience with the ROBOS indicator. The performance of any indicator can be influenced by various factors, including market conditions and trading strategies. We recommend reviewing the settings and ensuring the indicator is used in conjunction with your trading plan and risk management strategy. Additionally, the ROBOS indicator works well when paired with other tools like the Price Tracker indicator for better confirmation. If you'd like, we can offer guidance on optimal usage or help troubleshoot any specific issues you're encountering. Please feel free to reach out
    oge turder
    26
    oge turder 2022.08.02 20:05 
     

    RESPECT TO THE AUTHOR

    majdisalameh
    26
    majdisalameh 2021.08.28 09:58 
     

    I bought this indicator before three weeks. it makes my trading profitable and easier. thank you.

    Reply to review
    Version 4.0 2022.08.08
    #1. Extreme oversold and overbought levels

    ROBOS version 4.0 comes with cool new feature , the ability to target only extreme overbought & oversold prices , The new version also gives you the option to allow only extreme overbought or oversold signal alerts
    Version 3.1 2022.01.08
    improvements have been made, fixed bugs and added new features check them out
    Version 3.0 2021.11.23
    Bug fix on alerts , they can be now be delivered programmatically
    'Mode's have been updated to provide more accuracy on signals
    Version 2.8 2021.08.28
    Upgrade 2.8 includes :modified settings to make indicator more adaptable to market conditions ,
    - MODE: indicator added to show which settings are currently being used
    - fixed bugs from previous versions
    Version 2.3 2021.07.18
    Added some new feature in order to best match market conditions