Vertex Oscillator MT5
- Indicadores
- Eda Kaya
- Versão: 2.1
Vertex Oscillator in MetaTrader 5
The Vertex Oscillator is a reliable MT5 tool designed to detect market fluctuations and reversal points with precision. It employs advanced mathematical formulas, primarily calculating the difference between moving averages (MA) and applying various time-based filters.
The output appears as two oscillator lines plotted in the chart’s oscillator window.
«Indicator Installation & User Guide»
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Specifications Table
Category | Oscillator - Strength - High Volatility |
Platform | MetaTrader 5 |
Skill Level | Intermediate |
Indicator Type | Reversal - Range - Continuation |
Timeframe | Multi-timeframe |
Trading Style | Day trading |
Market | All markets |
Indicator at a Glance
Buy and sell signals in the Vertex Oscillator are determined by the crossing of oscillator lines through the zero level or by their mutual intersection. For instance, when the signal line (light blue) crosses the red line from below and remains above the zero line, this indicates the formation of an upward trend.
Vertex Oscillator in a Bullish Trend
As shown on the 15-minute Binance Coin (BNB) chart, the oscillator initially moved within a range and then crossed the red line from below. In such situations, the intersection of the blue and red lines marks strong opportunities to initiate a buy trade.
Vertex Oscillator in a Bearish Trend
On the EUR/USD 1-minute chart, at points 1 and 2, the light blue oscillator line crosses the red line from above and continues to oscillate beneath the zero level. The bearish trend remains valid as long as the oscillator line stays below the zero threshold.
Indicator Settings
- Indicator Period: Calculation based on 14 candles
- Smoothing Factor: Smoothing value set to 0
- Smoothing Type: Defines the method of data smoothing
- Selected Timeframe: Determines the timeframe for signal analysis
- Type of Alert to Trigger: Specifies which alert conditions to monitor
- Candle to Evaluate for Alerts: Sets which candle triggers the alert
- Enable On-Screen Alerts: Option to display alerts on-screen
- Enable Email Alerts: Allows alert delivery via email
- Enable Push Notifications: Enables push alerts for mobile platforms
- Theme: Selects the indicator's display theme
Conclusion
The Vertex Oscillator is a powerful addition to the MetaTrader 5 platform. It offers clear insight into potential reversal zones and helps traders pinpoint precise trade entries through oscillator line behavior under key conditions.