Mql5官网 OsMA overbought and oversold 外汇EA

This highly informative indicator applies overbought/oversold levels for more accurate representation of the market situation.

It is also possible to change the appearance of the indicator – line or histogram.

Additional parameters enable more fine-tuning, while trading can be inside the channel and along a trend.

Distinctive features

• Oversold/overbought levels;
• Does not redraw.
• Displayed as a line or a histogram;
• Works on all timeframes and symbols.
• Suitable for manual trading and development of Expert Advisors.

For more accurate entries and additional confirmation of signals, it can be used in conjunction with other indicators.

Options

• FastEMA – fast moving average period;
• SlowEMA – slow moving average period;
• SignalSMA – signal moving average period period;
• ExtPeriod – period to calculate oversold and overbought levels.
• Line_or_Histo – display the indicator as a line (true) or a histogram (false).

Trading recommendations

• If the histogram (line) is near 100 or -100, the price reversal probability is high.
• If the histogram (line) crosses 50 or -50, the price will most likely continue moving in the same direction.
• If the histogram (line) exceeds 0 and the Highs increase, there is an uptrend.
• If the histogram (line) is below 0 and the Lows decrease, there is a downtrend.
• Local Highs and Lows on the histogram show that the price may reverse or start correction.
• If the histogram (line) crosses the zero line downwards, it is a sell signal. If it crosses the zero line upwards, it is a buy signal.
• Classic divergence signals between the indicator and the price chart – additional confirmation signals.
• The direction of the deal should correspond to the direction of the trend on the higher timeframes.
• Close the deal by an opposite signal or by the defined SL and TP levels.
• When using SL and TP, it is recommended to set SL beyond the nearest extremum, TP = 1..2 SL
• Works well with an additional channel trading filter – The Channel indicator is suitable for this purpose.

Возможны и другие варианты, в процессе торговли вы сможете выработать наиболее удобную для вас тактику.

Дополнительную информацию и более подробный обзор методов торговли смотрите здесь:

Trading strategies with indicator OsMA obs

Желаем вам стабильной и прибыльной торговли!

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