Indicators: Wave period oscillator

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Automated-Trading
156416
Automated-Trading  

Wave period oscillator:

Wave period oscillator

Wave period oscillator

Author: Mladen Rakic

Akram
5
Akram  
Automated-Trading:

Wave period oscillator:

Author: Mladen Rakic

Hi Mladen

Thanks for posting the indicators.

Here are some additional tips:

  • The noise followed by a sharp move for the WPO usually indicates a coming increase in price volatility.
  • Although the WPO has boundaries, it may exceed those boundaries drastically so still it is an unbounded oscillator.
  • The Wave Period Zone Oscillator WPZO is therefore created to bound the WPO.

WPZO

https://ifta.org/public/files/newsletter/d_ifta_update_vol24-iss4.pdf


Regards,

Akram El Sherbini

Files:
WPO.png 17 kb
Revo Trades
205
Revo Trades  

hey mr. Mladen rakic

I am a big fan of your work. Please create a version of this indi for mt4. thanks.

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