OBOS Support Resistance Trading with Trader Zone Filter

This OverBought OverSold Trading Strategy is an ultimate guide to trading the market. The trading system includes the best trading indicators the forex trader must know.

• Time Frames: 30 min, 60min, 4 hours, and Daily
• Currency Pairs: GBPUSD, EURUSD, USDCAD, USDJPY, and GBPJPY

 

• Trading Zone
• Heiken Ashi
• OBOS (OverBought OverSold Oscillator) signal
• RSI
• Ichimoku Tenkan-Sen
• Signal Trend

 

• OBOS (OverBought OverSold Oscillator) Arrow signal blue color
• The support Resistance white color below the price
• The price above the Tenkan-Sen line
• RSI line upward above 50 level
• Signal Trend green color bars
• Heiken Ashi Candle White color
• cEMA 55 line green color
• Trading Zone Blue bars

 

• OBOS (OverBought OverSold Oscillator) Arrow signal red color
• The support Resistance yellow color above the price
• The price below the Tenkan-Sen line
• RSI line downward below level 40
• Signal Trend red color bars
• Heiken Ashi Candle red color
• cEMA 55 line red color
• Trading Zone red bars

 

• The initial stop loss at the previous support /resistant levels or use your own judgment.
• Trailing stops can be used
• Use a demo account or a small live account first to practice this trading system