McClellan Oscillator - Signal Lines Interrupted and Smoother - MetaTrader 5 Script - MT4/MT5 Resources
The McClellan Oscillator, as is (originally posted here: McClellan Oscillator Smoother ) is a bit difficult to use due to the lack of a distinct signal. This version adds broken signal lines to help find signals easier
You can use color changes as signals
Attachment download
📎 mcclellan_oscillator_qsmootherf4dslr.mq5 (13.59 KB)
Source: MQL5 #24350
McClellan Oscillator - Interrupted and Smoother Signal Lines - MetaTrader 5 Script Usage and Screening Advice
McClellan Oscillator - Signal Line Interrupted and Smoother - MetaTrader 5 Script is a resource related to trading scripts. 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 only on titles or short-term profit descriptions.
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