Trading oscillators have become an indispensable part of trading not only for amateurs, but also often for professionals from the highest levels.
The BorderOscillator that we present here is a relatively new unique oscillator that, in addition to containing a standard vertical axis with the current value, also includes two border lines that make it particularly suitable for predicting when the market will weaken or completely reverse for some time.
- An oscillator of many possibilities
- User intensity: Advanced
- Usability: Gold, Silver, Forex
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
This unique oscillator can be traded in several different ways, the most used of which are changing the direction of the main oscillatory zone (the oscillator goes from positive to negative and vice versa) and crossing a bar (green/red bars) together with one of the boundaries (see chart below - orange line/purple line). In the latter case, it is usually more of a short-term effect and therefore it is more appropriate to execute shorter trades here.
Download BorderOscilator from the button below