Universal Oscillator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The aim was to simplify the use of different oscillators by collecting the most popular oscillators among the indicators and in addition to simple levels were added two dynamic types based on the implementation of Moving Averages and Bollinger Bands.
In order not to post some screenshots, this indicator has some variants with different parameters:
suggestion:
Attachment download
📎universaloscillator.mq5 (12.93 KB)
Source: MQL5 #1452
Universal Oscillator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Universal Oscillator - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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