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EW oscillator

5

The EW oscillator is an indicator for the MetaTrader 4 based on mathematical calculations on the price chart.


Distinctive features

  • Generates minimum false signals.
  • Excellent for identifying trend reversals.
  • Perfect for scalping.
  • Simple and easy indicator configuration.
  • Suitable for working on the smaller timeframes (up to H4).
  • Works on any financial instrument.


Recommended symbols

EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD.


Recommendations on usage

The buy signal is formed when the level 20 is crossed upwards.

The sell signal is formed when the level 80 is crossed downwards.


Indicator Parameters

  • ColorEW - indicator line color.
  • PeriodEW- indicator calculation period.
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Type of signal - the setting is responsible for the signal to be sent by Alert. Type of signal can be equal to current bar (sending an alert when signal appears on the current bar) or last bar (when a signal occurred on the past bar).
Comentarios 1
amfels07
493
amfels07 2017.04.03 23:54 
 

Awesome work........thanks for quick replies to my messages!

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MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configur
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amfels07
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amfels07 2017.04.03 23:54 
 

Awesome work........thanks for quick replies to my messages!

Respuesta al comentario
Versión 67.666 2017.12.25
Added the ability to send alerts.
Versión 66.666 2016.11.17
version 66.666
Fixed minor flaws.