Elliot Oscillator Simple – indicator for MetaTrader 5

  • A+
category:MT5 INDICATORS

By definition Elliot Oscillator is a "34 period Simple Moving Average of prices subtracted from a 5 period Simple Moving Average of prices displayed as a histogram above and below a zero line" (it is sometimes called a "5/34 Oscillator").

This version is doing exactly the same with only one difference: it allows you to chose periods of calculation. This way it is as simple as it gets and shows exactly what Elliot Oscillator indicator is about.

Elliot Oscillator Simple - indicator for MetaTrader 5

Comment

:?: :razz: :sad: :evil: :!: :smile: :oops: :grin: :eek: :shock: :???: :cool: :lol: :mad: :twisted: :roll: :wink: :idea: :arrow: :neutral: :cry: :mrgreen: