Logarithmic weighted oscillator

4.5
The LWO is a tool that effectively indicates the end of trends.
Being an oscillator, it has values between 0 and 100, defining the areas of hyper-sold and those of hyper-bought.
Its effectiveness is due to the weighing of prices at the end of individual periods on a logarithmic scale; this allows you to have a perception of the will of the market.


The parameters
The indicator has only 2 settable values, period and smooth factor.
The period indicates how many bars the weighing is performed, while the smooth factor "softens" the reactivity of the indicator.

How use
The instrument is ideal for trend following strategies, which for scalping.
Depending on the value of the bars considered, it gives significant signals for the identification of long-range trends (period from 21 to 35), or pulses useful for the opening of flash positions (period from 3 to 7).


Reviews 5
anita.svr
147
anita.svr 2024.06.05 17:05 
 

Reliable signal at level crossover

Hendrikus Pelgrim
1202
Hendrikus Pelgrim 2025.04.05 13:57 
 

Okay.

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TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
ReTest Histogram ms
DMITRII GRIDASOV
Indicators
Crypto_Forex Indicator "ReTest Histogram" for MT4, No Repaint. - ReTest_Histogram indicator can be used for search of entry signals into the main trend direction after the retesting of strong S/R level. - ReTest Histogram can be in 2 colors: red for bearish trend and green for bullish one. - Once you see steady consecutive histogram columns of the same color it means new trend takes place. - ReTest signal is 1 column with opposite color in histogram and next column with trend color (see the pic
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Hendrikus Pelgrim
1202
Hendrikus Pelgrim 2025.04.05 13:57 
 

Okay.

anita.svr
147
anita.svr 2024.06.05 17:05 
 

Reliable signal at level crossover

Sergey Demidov
47
Sergey Demidov 2021.06.29 13:21 
 

а как получить файл mql4? Или сколько стоит?

amfels07
493
amfels07 2019.06.27 04:19 
 

User didn't leave any comment to the rating

[Deleted] 2019.06.09 13:02 
 

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