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After trend lines, Trend Oscillators are another very popular trading indicators that have already made many professional traders fabulously rich.
The advantage of analyzing technical indicators, which means oscillators as well, is that their values are based on solid data, which, unlike fundamentals, adds relevance to these analyses. This is simply because fundamentals are, have always been and will always be based on individual estimates, which clearly reduces the number of traders who react identically to the same situation.
- Trend Oscillator
- User difficulty: Very simple
- Usability: Forex, Stock indices, Silver
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
Once again, we have a very simple technical indicator to trade, where you just have to wait for it to change colour and then you can start entering trading positions exactly as shown in the charts above/below.
Download the Up&Down Trend Oscillator from the button below
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you.
