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OSMABreakout MT5

The OSMA Breakout indicator displays the signals that are generated when the previous OSMA extremum is overpassed, while simultaneously creating an extremum point on the price chart. If the extremum of the previous wave was punched, but the price remained in the flat (in the narrow range), then the signal will not be displayed. This approach allows you to reduce the number of false signals in the event of a prolonged trend and the divergence of the indicator.

The indicator works on any trading instrument and on any timeframe.


Options

  • 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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Dmitriy Novitskiy
IntradayTrack displays daily support and resistance lines based on the average symbol volatility for a certain period. You can tilt the line to a certain angle both at the beginning and the end of a 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 of a trading day in % of the average volatility for a selected period
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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