The Stops depend how you trade, are you using Shr1ks idea or RC’s daily 2 LWMA high/low? Each calls for different means of stops. I think Shr1ks is either 20 pips or multiple trades = to -4% account balance. RC trades from outside the channel in to the middle, so that should give you and idea of the TP now base a risk:reward ratio around the TP do you want 1:2, 1:3, 1:1.5 etc.
You can probably find OB/OS on every TF but the ones I use most are the daily and above. I also think depending on the TF you should use other or multiple forms of OB/OS such as Shr1k’s method (LWMAs on the daily, and BBands on the lower TFs)
RC does use quite a few indicators to show OBOS on the daily but the most noteable for me are the 2 high low LWMAs and they seem to be used the most. As for the 20:2 on the daily I’m not sure maybe on a lower TF but I’ve never used it on the daily.
Read through RCs posts, youll find quite a few indicators that show OBOS
on the first step I’m not sure who’s method your talking about but I think it is just the LWMAs, no BBand. step 2 sounds good and step three seems correct. I forget Shr1ks specific rules but I used his system for a couple weeks and made some profit off it. Just multiple OBOS conditions on multiple TFs I believe.
On the last part I believe at lowest the R:R ratio is 1:1. I dont think anyone (RC or Shr1k) is using a ratio where the stop is bigger than then TP. I think with Shr1ks he has a 4% balance for a SL and 10% gain as the TP or his pip target.
Remember Shr1k can tell you more about his system than I can I’m just going off what he said on this forum, same for RC.