Pro Weighted Rsi Cci Stoch oscillator mr
- Indicators
- Version: 2.35
- Activations: 10
Crypto_Forex Indicator "Pro Weighted Rsi Cci Stoch Oscillator" for MT4, No Repaint.
- - This unique indicator combines 3 in 1: RSI, CCI and Stochastic for calculation!
- - Precise momentum trading opportunities with this software - see examples on pictures.
- - Indicator consist of 3 lines :
- - Pro Weighted Rsi Cci Stoch Oscillator itself (Blue color);
- - Fast MA of oscillator (Green color);
- - Slow MA of oscillator (Red color);
- - Zone above 50 - overbought zone (Do not BUY there).
- - Zone below -50 - oversold zone (Do not SELL there).
- - Oscillator (Blue line) - generates entry trade signals.
- - It has Info Spread Swap Display - it shows current Spread and Swaps of forex pair where it is attached.
- - Display also shows account Balance, Equity and Margins.
- - It is possible to locate Info Spread Swap Display in any corner of the chart.
HOW TO USE (Example for LONG, see pictures):
- 1. Current candle is just closed.
- 2. Fast MA (green) is above Slow MA (red) and oscillator blue line is over both of them.
- 3. Oscillator blue line value is below 50 level (not in overbought zone).
- 4. Blue line just formed Rebound Upward Hook: hook means that blue line went closely to green one and then bounced up forming visible angle.
- 5. If steps 1-4 are done - open LONG trade.
- 6. Close long trade in profit once oscillator line is in overbought zone.
- 7. Vice versa for SHORT trades.
It is original product which is offered only on this MQL5 website.
