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Special Trend Oscillator MT5

Special Trend Oscillator MT5 is an indicator designed to detect trend change points and measure the power of the current trend. This indicator is a different model of the MACD indicator.

The indicator has two channels. The blue channel is the upper line of the upward trend. The red channel line is the underscore of the downward trend.

Buy when the trend line reaches the red line. Sell when the trend line reaches the blue line.


Parameters

  • Fast_Period - Fast period.
  • Slow_Period - Slow period.
  • Channels - Distance between the channel lines.
  • BarsCount - The maximum amount of graph to apply these calculations.
  • StDv - Standard deviation.
  • Trend_Arrow - Trend line style. Type your desired style number here.
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