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Bogie_Osc.mq5 (10.18 KB) view

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The indicator predicts a probable price reversal. The reversal of the indicator line suggests that the price direction may change soon.

The indicator has three input parameters:

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20329

The Blast Off oscillator indicator

WVF

Williams' Vix Fix indicator

Candle_Ratio

The ratio of bullish to bearish candlesticks over the selected period

DMA

Dynamic Moving Average

Bogie - indicator for MetaTrader 5