Overbought / Oversold (OBOS)

(38 customer reviews)

$225.00

This indicator will tell you at first glance when the markets are in an overbought/oversold condition.

Description

Do you really need a bunch of squiggly lines on your screen to tell you if the market is in an overbought or oversold condition? This indicator will tell you at first glance and have you in or out of a trade much faster than any other oversold/overbought indicator. And in the trading business, sometimes milliseconds count.

Highlights:


  • Add to any chart or time frame

  • Paints on current bar

  • DOES NOT REPAINT several bars after the fact

  • Choose indicator on which to base OB/OS condition

  • Set indicator parameters to generate OB/OS condition

38 reviews for Overbought / Oversold (OBOS)

  1. Mark H

    What I love about this indicator is it gives me the first indication that the market is running out of steam. I then start looking for my other IT indicators for a possible setup and if that happens then I take the trade if it is within my trade plan rules.

  2. Greg in Bend

    I have been trading with the IT indicators for over half a year now and the OBOS indicator has helped my trade setups unbelievably. I am a defensive trader and I can’t think of a trade that I took that did not have an OBOS condition along with the other setups I look for. Indespensible in my trade plan!

  3. Mark F

    Use this all day long for most of my setups.

  4. William Calem

    5 Stars

  5. Ibe

    5 Stars

  6. Mike

    I count on this indicator for graphical evidence of exhaustion.

  7. John Vn

    My confirmation indicator

  8. Derek

    now I can see a possible pullback coming

  9. SP

    excellent to give a trade set up confluence

  10. John A

    5 Stars

  11. Keith F

    The Overbought/Oversold indicator is one of the best indicators I have ever seen. Very easy to see on the chart, no staring at multiple subgraphs on the chart. This has definitely added to my edge in trading!

  12. Bill

    N/A

  13. Mike C

    Strong indication of time for a pullback.

  14. Trader Joe

    5 stars

  15. Don

    Great supporting indicator!

  16. Sam F

    have it & use it within my trade plan

  17. Andy R

    This is my most used indicator for all my triggers . My number one indicator

  18. Ralph L

    I don’t Bunt trade, but I use this indicator every day on every chart style I watch.

  19. Abby

    Hugs and Kisses

  20. Bob R

    Novel way to save chart space. User configurable. Handy tool.

  21. Robert S

    critcal to my trading.

  22. Nancy R.

    Most valuable thing on my charts

  23. REGGIE B.

    Just started using it a couple days ago. So far it’s helpful, I like it.

  24. Chris M

    5 stars

  25. Eric I

    5 stars

  26. Alex B

    5 stars

  27. Carlton

    Another effective building block of this system.

  28. John D

    5 stars

  29. Ralph L

    5 stars

  30. Eric I

    Very effective

  31. Bill M

    integral part of every trade

  32. Graham K

    Vital for most trades

  33. Christopher F

    5 stars

  34. Matthias

    4 stars

  35. Alan R

    5 stars

  36. Mark

    4 stars

  37. Michael W

    5 stars

  38. Pieter De Beer

    I started day trading with a different learning school. Most of our trading strategies we had to measure Overbought/ Oversold in order to manage risk. This indicator is absolutely great. No measurement anymore. The simple colour code around the OBOS bar tells you not to take a setup in a certain direction. Great Tool!!

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