Table of Contents
Price Oscillator
Parameters
Logical rules for Opening Logic Condition slot.
- Price Oscillator rises;
- Price Oscillator falls;
- Price Oscillator is higher than the Level line;
- Price Oscillator is lower than the Level line;
- Price Oscillator crosses the Level line upward;
- Price Oscillator crosses the Level line downward;
- Price Oscillator changes its direction upward;
- Price Oscillator changes its direction downward;
Logical rules for Closing Logic Condition slot.
- Price Oscillator rises;
- Price Oscillator falls;
- Price Oscillator is higher than the Level line;
- Price Oscillator is lower than the Level line;
- Price Oscillator crosses the Level line upward;
- Price Oscillator crosses the Level line downward;
- Price Oscillator changes its direction upward;
- Price Oscillator changes its direction downward;
List box parameters
- Smoothing method (Simple). The Moving Average method used for smoothing the PO. Options: Simple, Weighted, Exponential, Smoothed.
- Base price (Close). The price the indicator is based on. Options: Open, High, Low, Close, Median, Typical, Weighted.
Numeric box parameters
- Period (10). The period of Price Oscillator. Minimum: 1, Maximum: 200.
- Additional smoothing (0). The value of smoothing period. Minimum: 0, Maximum: 200.
- Level (0). A critical level (for the appropriate logic). Minimum: -100, Maximum: 100.
Implementation
C# source code: Price Oscillator.
MQL source code: Price Oscillator.