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You liked the script? Try it in the MetaTrader 5 terminal
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- 6317
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- Published:
- 2019.01.24 16:16
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Theory :
This is an extended version of the "regular" asymmetric bands oscillator (originally published here : Asymmetric Bands Oscillator ). This version is adding the estimation of the price "weight" within the current trend and also it is attempting to estimate the impact it could have to the build of the trend
Usage :
Crosses of the average and the price line can be used as signals but get used to ow it works before attempting to use it or signals estimation

Asymmetric bands oscillator

Smoother momentum MACD with floating levels