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True Oversold Overbought

80 USD

Démo téléchargée: 145

Publié: 17 juin 2021

Version actuelle: 1.12

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True Oversold Overbought

Indicateurs
Innovicient Limited
Version: 1.12
Mise à jour: 11 août 2022
Activations: 10

The True Oversold Overbought indicator provides you with ability to swiftly check whether the asset is oversold or overbought.

Other than complementing your trading with True Oversold Overbought, you can use the indicator as your only trading system.

It works with all forex instruments and will save you the headache of estimating when the market is due for a reversal or retracement.

When the "Super Charge" feature is enabled, the areas where the price is in oversold/overbought status are amplified to give you a clear state of the market,therefore, you will not miss the moment to prepare for a reversal/retracement.

Alternatively, when the "Super Charge" feature is disabled, the indicator still shows the oversold and overbought levels but this time you get a broader view of the market.
Get alerts when price bleach the oversold/overbought levels.
See reversal areas which are indicated by a triangle and trendline.

True Oversold Overbought (MT5) >> Download MT5 Version

BUY True Oversold Overbought and get a FREE GOLD GRID TRADER EA (Mt4 Version).

Advantages

It is not overly sensitive or keep touching oversold/overbought levels.
Open trades early when the price is exiting exiting overbought / oversold levels and close trades at the right time.
Trade when there is noise and when the market is silent.

Settings

No complex settings since the default settings work perfectly. However, the following is all you can add if you want to change a few things.

Select between old and new version of the indicator
Add the Coefficient value.
Add Price Smoothing
Add your RSI period
Add your Money Flow Index (MFI) period
Enable/Disable the Super Charge feature.
Add the Super Charge and Ordinary Sell and Buy levels that suits your trading. All is drawn automatically.
Enable drawing of rectangles - shows boxes where price is in the extremes.
Alerts
Reversal settings

Basic Usage

The indicator displays on the separate window and also show rectangles on the main chart.

When the overbought and oversold rectangles draw, it is time to buy if price opens above the rectangles and sell if the candle opens below.

Note: If the overbought rectangle is formed but a candle open above it, its an indication the trend will continue surging for a while before breaking below.

Similarly, the continued drop in price below the oversold rectangle indicates the price might continue in the same direction before bulls takes control.

Trading tips (New Upgrade tips):https://www.mql5.com/en/blogs/post/750019

Other indicators: https://www.mql5.com/en/users/pipmontra/seller

Manual Part 1 | Manual-Multi-timeframe Part 2 | Manual-New update Part 3

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Alright. This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle. A red arrow means sell and a green arrow means buy. All arrows comes with Popup Alert like for easy identification of trade signal. Are you okay with that? 100% non repaint Work All Major currency Pair, 1 minute time frame 1 minute expire

150 USD

Optimisez vos décisions de trading avec notre indicateur de force et de sentiment du marché et ne tradez plus à contre-courant! Méticuleusement conçu pour les traders sérieux qui apprécient les informations précises et opportunes, notre indicateur fournit une vue d'ensemble des 28 paires principales d'une manière très simple. Cet outil est capable de classer les paires de devises en fonction de leur popularité, de la force de la tendance haussière ou baissière et du pourcentage d'acheteurs et

99 USD

- 50% OFF - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT5 version : https://www.mql5.com/en/market/product/85917?source=Site+Market+Product+Page Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend. You

99 USD

Ranging Market Detector scans the market for momentum and price to check whether the price is range- bound and the direction to which it will breakout. It works with all the all assets and visually shows you the instances when the market is either ranging or trending. Informs when the price has finished a retracement, an opportune time to re-enter the trend early. This will help you in position management. It works very well for Scalping, Day trading, and Swing trading. Helpful in all timefra

99 USD

Trendy Stock is a price following indicator that uses Stochastic to show when the price is out of the oversold or overbought areas. The algorithm allows you to stay longer in a trend where the bulls or bears are in control. The indicator changes color immediately the price exits oversold/overbought state. In short, the downtrend [red] bars start to paint when the buying pressure decreases while the uptrend [green] bars form as the buy pressure kicks in. For MT4 version, follow :: https://www

FREE

The True Oversold Overbought indicator provides you with ability to swiftly check whether the asset is oversold or overbought. Other than complementing your trading with True Oversold Overbought, you can use the indicator as your only trading system. It works with all forex instruments and will save you the headache of estimating when the market is due for a reversal or retracement. When the "Super Charge" feature is enabled, the areas where the price is in oversold/overbought status are ampli

80 USD

The Price Elevator indicator is developed to help you figure out the general long-term trend of the market. If the price is above the Green separator line, this is a clear indication the bulls are in control. Similarly, the bears are in control if the price continues to trend below the red separator line. Download Price Elevator MT5 Trend Re-entry In this case you would plan your buy entries above the green dotted box (make sure to set the Buy / Sell Retracement Floor=30). The SL should be

60 USD

FREE

The Chart Analyzer is an MT4 indicator that provides visual arrow signals without redrawing them. In addition, we have included trendlines to validate your entries. This indicator has been fine-tuned to work with all timeframes and instruments. The Chart Analyzer has a number of advantages Does not fade or remove arrows when drawn Sends both email and phone alerts. It is light on computer resources Easy to install. Default setting works just fine. If price opens above the trendline, open

30.50 USD

The Retracement Feeder checks for retracement opportunities after the first move has occurred. Basically it scans for the second wave of trend. Works with any financial instrument, It does not repaint/change color or cancel arrows, Easy to set and use. Works great with Renko Charts MT5 version: https://www.mql5.com/en/market/product/71340 How it works The indicator is based on RSI and Stochastics. The algorithm used in the Retracement Feeder allows the Stochastic and RSI to minimiz

40 USD

Introduction The Convergence Divergence Suite contains 17 indicators , built-in MT4 technical indicators and custom ones . The list will be increased in subsequent versions as per users' requests. Any selected indicator is loaded on your chart then automatic Convergence and Divergence trend lines are drawn on the chart and indicator. This tool is important if you use any of the listed indicators or convergence/divergence in your strategy. Advantages With the Convergence Divergence Suite you

30 USD

This indicator simplifies your entry zones by displaying the areas where you can plan your entry that potentially could give you high risk/reward ratios. Other than picking the most optimal entry points, the Hot Zone indicator can act as your typical support/resistance indicator for pullbacks for all timeframes. You can use this indicator as the only trading indicator or use it with another indicator for reentry purposes. Besides, when using Hot Zones, the risk/reward ratio should be well abov

80 USD

The Outside The Box (OTB) is a complete trading system that provides the user with immense trading ability by highlighting on the chart areas where the trader should prepare to Re-enter the trend after pullbacks (Pullback trading strategy) Take partial/complete profit(Profit taking strategy), and Trade breakouts (Stock breakout strategy) - We have updated the indicator to show/hide Micro breakout areas around the major breakouts (Micro Breakouts). The above is supported by an alert system

80 USD

Trend Support Resistance is a fairly simple indicator that provides traders with confirmed immediate support and resistance in whatever timeframe you monitor. It's good for short-term and long-term order blocks. With the default settings, the indicator identifies critical support and resistance areas. Bearish Order Blocks are around the OrangeRed areas while Bullish Order Blocks almost always form near the LawnGreen areas. We have also added a Multi-timeframe feature that can be helpful to allow

60 USD

The Essential Trader indicator is more comfortable with whipsaw/ranging market conditions. It is not a complicated trading indicator and can be used on any timeframe with high level of confidence. Besides, it has notifications and alerts. The dotted essential points show spots where you can make immediate entries and benefit from breakout on either side of the region. On the other hand, the color filled points display reversal regions. These are important in that you can trade along the trend or

55 USD

The Firstdawn indicator uses Zigzag as the main signal generator. This keeps searching for signals, making it a great indicator for scaping and identification of changes in direction, swing trading and trend trading. The Firstdawn helps you get early signals. The backtest gives the true picture of how the indicator works with real/demo accounts. Although this is a tiny indicator it is packed with advantageous settings that will help you whether you desire to: Snap the Peaks and Bottoms

50 USD

The Retracement Feeder checks for retracement opportunities after the first move has occurred. Basically it scans for the second wave of trend. Works with any financial instrument, It does not repaint/change color or cancel arrows, Easy to set and use. Works great with Renko Charts MT4 version: https://www.mql5.com/en/market/product/67443 How it works The indicator is based on RSI and Stochastics. The algorithm used in the Retracement Feeder allows the Stochastic and RSI to minimize the t

40 USD

80 USD

Bollinger Band is one if the most useful indicators if used properly. Trend Guard used the parameters based on Bollinger to create a tool that can help traders enter trades at most optimal level. The indicator is useful to all traders since it checks for retracements and changing trend direction. With this indicator, you get the opportunity to open trades early and also lock your profits based on the dotted trend lines that form after a certain level of Bollinger band. We have simplified the ind

70 USD

The Price Elevator indicator is developed to help you figure out the general long-term trend of the market. If the price is above the Green separator line, this is a clear indication the bulls are in control. Similarly, the bears are in control if the price continues to trend below the red separator line. Download Price Elevator MT4 Trend Re-entry In this case you would plan your buy entries above the green dotted box (make sure to set the Buy / Sell Retracement Floor=30). The SL should be

60 USD

55 USD

50 USD

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Version 1.12 2022.08.11

typo correction

Version 1.11 2022.07.29

Added Alerts
Added Triangle Reversal Zones

Version 1.10 2022.03.25

Added a tip in the #description.

Version 1.9 2022.03.23

Interface improvements

Version 1.8 2022.02.18

Bug removal

Version 1.7 2022.02.08

Here is the full list of updates:True Oversold Overbought

1. This feature allows users who have the older version to keep using it or opt to use the updated version. This feature was added due to requests

2. The update improves the functionality and operations of the new version.

3. Thirdly, you can now add user defined levels for oversold and overbought levels. If you enable supercharge the system uses supercharge levels and not ordinary levels.

4. Lastly, there is a feature to draw the Rectangles when indicator reaches overbought/oversold levels as per user input levels.

Profitable trading to all.

Version 1.6 2021.08.09

1. Based on requests from users, we have removed the Convergence/Divergence lines sine they were obstructing operations of the indicator.
2. Secondly, we have added MFI filters.

RULE:
🔺 When the "Super Charge" feature is enabled, the areas where the price is in oversold/overbought status are amplified to give you a clear state of the market,therefore, you will not miss the moment to prepare for a reversal/retracement (over 5000 is overbought and below -5000 is oversold ; buy when indicator closes above -5000 and sell when it closes below 5000).

🔺 Alternatively, when the "Super Charge" feature is disabled, the indicator still shows the oversold and overbought levels but this time you get a broader view of the market (over 80 is overbought and below -80 is oversold; buy when indicator closes above -80 and sell when it closes below 80).

Version 1.5 2021.06.30

Removed a bug that was hiding some bearish divergence.

Version 1.4 2021.06.28

> Added Convergence/Divergence trendlines and arrows.
> Added Screen Alerts

Version 1.3 2021.06.18

* IT'S BETTER. WE HAVE PROVIDED MORE ROOM FOR THE MARKET TO BREATH
* REDUCED FALSE SIGNALS BY OVER 80%.
* WE HAVE ALSO REMOVED SOME AREAS THAT SEEMED TO CONFUSE THE USER.