YF Magic Oscillator

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== Magic Oscillator

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Hallo Trader,

If you are an experienced trader, you agree with me that oscillators - cci, stochastic oscillator, rsi, rvi, wpr, ... - are not reliable in strong trending markets. You have to be cautious with the overbought/oversold information from these tools.

Therefore I developed a brand new approach... and created a Magic Oscillator.

This oscillator is developed for finding reliable Highs and Lows combining the best of the before mentionned oscillators and taking into account the trend information. You can switch between yesterday trend and today's trend.

In doing so this innovative oscillator points out reliable reversal zones.
Please consult the screenshots. Give it a try you will be amazed.

This indicator complements very well with my free tool YF MarketWatch... https://www.mql5.com/en/market/product/165532

Happy Trading to You!

Best regards, Peter


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--- FREE VERSION - WORKS ONY ON EURUSD ------------------------------------------------------------------- This is a unique breakout strategy that is used for determination of the next short term trend/move. The full system is available on MQL5 under the name "Forecast System". Here is the link -->  https://www.mql5.com/en/market/product/104166?source=Site Backtest is not possible, because calculations are done based on the data of all timeframes/periods. Therefore I propose you use the technolo
FREE
++++++++++++++++++++++++++++++++++ +++ Trend Tool ++++++++++++++++++++++++++++++++++ Hallo Trader, This is a trend tool that I use... based on four moving averages. Price below or above the EMA200 is indication for the long term trend. Also the direction of the slope counts. You can customise in settings if you want. The tool is aligned with my Forecast System and the Bounce Zones. - Forecast System --> https://www.mql5.com/en/market/product/156904 - Bounce Zones -->  https://www.mql5.com/en/mar
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+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ +++ Link to EURUSD Only Free Version -->  https://www.mql5.com/en/market/product/156904 +++ Full License -->  https://www.mql5.com/en/market/product/156842 +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ +++ XMAS SALE +++ Get this indicator for free when renting the Forecast System Full License  (one license for one account)   +++ Please
---- Brand New Strategy. Three Month Rent is $30. ONE YEAR RENT ONLY $50. FREE EURUSD VERSION AVAILABLE UNDER << Forecast System Gift >>. NO NEED FOR BACKTEST! Link to the FREE version -->  https://www.mql5.com/en/market/product/110085?source=Site --- This is a simple strategy based on BREAKOUT and FIBONACCI levels. After a breakout, either, the market: - continues the move directly to the 161, 261 and 423 levels, or - retraces to the 50% level (also called a correction) and thereafter continues
This is a trend scanner that uses the Forecast System technology. Link to the FREE version of the Forecast System  -->  https://www.mql5.com/en/market/product/110085?source=Site The scanner scans up to 30 pairs for having an oversight of trending pairs and reversals. With this system you make every day about 10 profitable trades. The scanning comes with popup alert feature and mobile phone notifications. The scanner is free of charge for those who bought or rented the Forecast System. Please co
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