Technical Indicators for MetaTrader 5

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MetaTrader 5

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Floating peaks oscillator

floating-peaks-oscillator-logo-200x200-5030
199 $149 $

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Information

Indicators
MetaTrader 5
Ekaterina Saltykova
1.0
5

Overview

Floating peaks oscillator - it the manual trading system. It's based on Stochastik/RSI type of oscillator with dynamic/floating 

overbought and oversold levels. When main line is green - market is under bullish pressure, when main line is red - market is under bearish pressure. Buy arrow appears at the floating bottom and sell arrow appears at floating top. Indicator allows to reverse signal types.

Main indicator's adjustable inputs :

  • mainTrendPeriod;
  • signalTrendPeriod;
  • smoothedTrendPeriod;
  • trendPowerMainPeriod;
  • trendPowerSignalPeriod;
  • trendPowerSmoothedPeriod;

Trend periods participates in the main Oscillator formation(defines trend wave direction). Power periods - defines current trend wave power;

Main Indicator's Features

  • Signals are not repaint, late or disappear;
  • Every signal comes at the open of new bar(system uses only confirmed signals);
  • Indicator has Alerts, Mail and Push notifications(allow to trade out of PC, from smartphone/mobile app);
  • Indicator has profit/loss targets;

Recommendations for trading 

  • EURGBP, GBPUSD, GBPJPY, EURGPY, USDJPY;
  • Best timeframes - M5-H1 timeframe;



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