Open_Oscillator - MetaTrader 5 script | Trading script download - MT4/MT5 resources
Open_Oscillator calculates Open price change dynamics for a specified period of time. It draws two lines - the lowest and highest opening price of the range relative to the current value, and two signal lines.
It has two configurable parameters:
Lowest price = MinPos - Opening high = Opening - MaxPos Low signal = EMA(low, signal period) Signal high = EMA (high, signal period)
Where:
Attachment download
📎 open_oscillator.mq5 (11 KB)
Source: MQL5 #21543
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