Vector - indicatore per MetaTrader 5

The Vector indicator tracks the market state and generates relatively few false signals. Signals are formed when the zero line is crossed.

The indicator has two oscillators - the fast and the slow one. The total of their values allows evaluating the mood of the market.

• If the fast (green) vector completely blocks the slow (red) one, this indicates the beginning of a new trend formation;
• If the slow (red) oscillator begins to prevail over the fast (green) one, this indicates a slowdown of the trend, which, however, may continue to fade for some time;

The market inertia is represented by a slow oscillator, and the trends are represented by the fast one.

The combined values of the two oscillators provide a picture of the market, which is sufficient for making a decision to buy/sell or to close existing positions.

The indicator has two input parameters:

• Inertia osc color - the color of the inertia oscillator;
• Trend osc color - the color of the trend oscillator.