btc:
$10,094.33
eth:
$252.12
xrp:
$0.21
Market Cap:
$286B
BTC Dominance:
65.00%
Advertise

Simple Oscillator Indicator for MT5

Apr 30, 2020
Simple Oscillator Indicator for MT5

You can now download the Simple Oscillator Indicator for MT5 for free on AtoZ Markets indicators gallery.

Simple Oscillators are popular and widely used because they are leading indicators that can signal a possible trend change that is yet to start. This type of indicator oscillates between two limits, above and below a midpoint and its value helps to gauge the strength and momentum of a trend.

Simple Oscillators also typically signal if a market is overbought or oversold, which could point to a reversal of the trend. This could be used to determine when to close open positions.

Timeframe: any

Broker of the month

Currency Pairs: any

Trading Session: any

How to download and install an indicator?

In order to install the indicator on your MT5 platform, you need to follow these steps:

  1. Click on “Download Indicator” button located at the bottom of the screen.
  2. Save the file to your computer.
  3. Extract and move the files into MT5>Indicator folder of the MetaTrader5 software file directory.
  4. Restart your Metatrader platform.
  5. Navigate to “Indicators.”
  6. And select “Simple Oscillator Indicator for MT5” template to apply it on the chart.

Note: This indicator was developed by Jack. AtoZ Markets does not carry any copyrights over this trading tool.

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.

Premium Brokers

Your capital is at risk.