Update v.1 sniper rishijay trading system new arrow in arsenal

oversold yellow signal,

it matches with oversold signals by target bands also, so caution and no more selling at current levels is the case.

waiting for the bounce is more appropriate

oversold here too'

gives early signals of oversold or overbaught before actually prices starts to reverse , and as usual other indicators are always late to give signals.

use this stoplight indicator with 1rsxbo2 indicator for early entry and exit.

does this run as a mechanical system. Do you have a updated template for this or does everything get downloaded seperately. Just wondering and thank you

hello, pquirst,

newer refined templet has already been posted previously, you can use it and your image will match with mine.

go through previous posts and use newer refined templet. all indicators required for it are also on this thread.

http://www.metatraderfiles.com/on-balance-true-range/

Please kindly post the stoplight indicator. Thanks for the Great work You are doing.

Got it, you don't need to post it again. Thanks.