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OsMA_Lc - Indicator for MetaTrader 4

OsMA_Lc
TypeIndicators PlatformMT4 Version10 Date created30 May 2015 Date updated 3 August 2017
Formatmq4 Size5.4Kb Downloads474 Rating
4.2 of 5
based on 76 rates

The indicator is developed for integration into the MT4 trading platform. It refers to the trend tools of technical analysis allowing to determine the prevailing trend in the market. The indicator is based on the method of moving averages. In its calculation, exponential moving averages with periods of 12 and 26 are used with the signal line period corresponding to 9. The indicator is most effective when used in trend trading.

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