McClellan Oscillator – smoother with floating levels – indicator MetaTrader 5

Theory :

One version of McClellan oscillator that does not use the slope change, but some levels (discontinued signal lines in this case) was published here : McClellan Oscillator Smoother with DSL . This version is using floating levels (as more flexible and that do not dpened on any fixed value of the indicator) instead

Usage :

You can use color changes as signals


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