Overbought/Oversold Indicators for MT5

Overbought/Oversold Indicators for MT5

by Trading Specialist -
Number of replies: 0

Obos Indicator

Obos Indicator for MT5

The OBOS (Overbought/Oversold) Indicator is a technical analysis tool used to identify potential price reversals by assessing market conditions, typically in financial markets. It typically indicates when an asset may be overbought, suggesting a potential price decline, or oversold, indicating a possible price increase. Traders often use the OBOS Indicator in conjunction with other technical indicators to make more informed trading decisions, aiming to capitalize on market sentiment and momentum.