Logical rules for Opening Logic Condition slot.

• Oscillator rises;
• Oscillator falls;
• Oscillator is higher than the zero line;
• Oscillator is lower than the zero line;
• Oscillator crosses the zero line upward;
• Oscillator crosses the zero line downward;
• Oscillator changes its direction upward;
• Oscillator changes its direction downward;

Logical rules for Closing Logic Condition slot.

• Oscillator rises;
• Oscillator falls;
• Oscillator is higher than the zero line;
• Oscillator is lower than the zero line;
• Oscillator crosses the zero line upward;
• Oscillator crosses the zero line downward;
• Oscillator changes its direction upward;
• Oscillator changes its direction downward;

List box parameters

• Signal line method (Exponential). The Moving Average method used for smoothing the signal line. Options: Simple, Weighted, Exponential, Smoothed.

Numeric box parameters

• OBOS period (10). The period of Overbought Oversold Index. Minimum: 1, Maximum: 200.
• Signal line period (14). The period of signal line. Minimum: 1, Maximum: 200.

C# source code: OBOS MA Oscillator.

MQL source code: OBOS MA Oscillator.