Metatrader 5 Indicators | WidnersOscilator | Free Download

Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.

A normalized oscillator of two curves, similar to the Aroon indicator.

The indicator logic is similar. The blue line is above the red one means that the trend is growing, red above blue - the trend is falling. Crossing of the lines means the moment of trend change.

This indicator was first implemented in MQL4 and published in the Code Base at mql4.com on 12.02.2008.

Watch in-depth trading tutorials and EA reviews on the RobotFX YouTube channel. Subscribe for free tips.

Figure 1. The WidnersOscilator indicator

Thanks for reading. Discover premium MetaTrader solutions at RobotFX.

1890

Best MetaTrader Indicators + Profitable Expert Advisors