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MagicOscillator - Indicator for MetaTrader 4

MagicOscillator
TypeIndicators PlatformMT4 Version10 Date created25 April 2014 Date updated10 July 2017
Formatmq4 Size2.7Kb Downloads203 Rating
4.33 of 5
based on 12 rates

The indicator is similar to a conventional oscillator. However, unlike the classic version of AO, MagicOscillator is not late. A trader can enter the market according to the first signals and exit it whenever he wants.

It is recommended to test it on different timeframes - the result largely depends on the traded asset. For highly liquid instruments, one must choose long periods.

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