Delta_Oscillator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The Delta Oscillator indicator shows the Delta indicator lines as a histogram.
This indicator has no input parameters.
OSC = Price - Delta
Where:
Delta = price + price difference Diff = Log10 (previous price / price) Price = (opening price + highest price + lowest price + closing price) / 4.0
Figure 1. Delta_oscillator
Figure 2. Delta_oscillator + Delta indicator
Attachment download
📎 delta_oscillator.mq5 (7.24 KB)
Source: MQL5 #21712
Delta_Oscillator - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Delta_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 only on titles or short-term profit descriptions.
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