Trended Digital Oscillator

4

Oscillators are, by nature, exemple of any trend information. This indicator is "trended", meaning is it reacting to trend as well:

if the oscillator is in the UPPER part of the window, then trade only BUYs.

if the oscillator is in the LOWER part of the window, then trade only SELLs;

You can also choose to start trading when the trend begins (see Alerts)


Parameter description:

  • lookbackOsc : Period of the yellow line (the digital oscillator). (default = 14)
  • DSFast :  Fast Period of the oscillator (default = 3)
  • DSSlow : Slow Period of the oscillator (default = 5)
  • BandFactor : Global factor of the periods of the oscillator (default = 0.5)

Trend Parameters :

  • trendPeriod : Period of the main trend. (default = 111)
  • trendNum : takes the average of the last "trendNum" bars of the MovingAverage. (default = 40)
  • MAStrength : Strength of the Moving Average. Higher value means a more "squashed" curve. (default = 6)
  • MAMode : Mode of the Moving Average. (default = MODE_SMA)

Alerts Parameters :

  • TrendBeginningAlert : when the upper or lower gray line is departed from extremums (0 or 100), the trend is considered to have begun. You can be alerted for that.
  • ExtremumsAlert : when the upper or lower gray line is touching the extremums (0 or 100) an alert can be sent.
  • AlertWaitEndOfBar : Wait for the end of bar to send Alert
  • extern bool AudioAlert : MT4 Alert
  • extern bool EmailAlert : Email Alert
  • extern bool PushAlert : Push (mobile) Alert

Reviews 2
Pascal Murundelger
3188
Pascal Murundelger 2019.06.17 18:20 
 

Good indi need to run more time

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4.44 (18)
Indicators
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
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Roman Podpora
5 (1)
Indicators
The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT5     -     Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with mi
Gold Venamax MT4
Sergei Linskii
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Indicators
Gold Venamax - this is a best stock technical indicator. The indicator algorithm analyzes the price movement of an asset and reflects volatility and potential entry zones. Live Signal of manual trading >>>   [ Click Here ] Indicator features: This is a super indicator with Magic and two Blocks of trend arrows for comfortable and profitable trading. Red Button for switching blocks is displayed on the chart. Magic is set in the indicator settings, so that you can install the indicator on two chart
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5 (1)
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Pascal Murundelger
3188
Pascal Murundelger 2019.06.17 18:20 
 

Good indi need to run more time

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