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OSMA Breakout

OSMA Breakout indicator displays signals formed at the time of overcoming the previous extremum of OSMA while simultaneously forming the extremum point on the price chart. If the extremum of the previous wave is punched, but the price remains in flat (in a narrow range), the signal is not displayed. This approach allows you to reduce the number of false signals in a long trend and the divergence of the indicator.

The indicator works on any trading instrument and timeframe.


Parameters

  • Fast EMA Period - fast moving average period
  • Slow EMA Period - slow moving average period
  • Signal SMA Period - signal moving average period
  • Ma Filter - filter for signals determined by the moving average
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IntraDayTrack MT5
Dmitriy Novitskiy
Indicators
IntradayTrack displays on the price chart daily support and resistance lines based on average volatility instruments for a certain period. In the indicator, it is possible to tilt the line to a certain angle both at the beginning of the trading day and at the end of the trading period. Parameters Track period - the period of drawing lines (day, week, month) Avg price range - number of days the average volatility is considered for Start value (Avg%) - distance between the lines at the beginning
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