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OverTrend-OSC - Indicator for MetaTrader 4

OverTrend-OSC
TypeIndicators PlatformMT4 Version10 Date created12 April 2016 Date updated18 July 2017
Formatmq4 Size3.2Kb Downloads473 Rating
3 of 5
based on 15 rates

The indicator allows to identify the current trend in the market and determine its stage of formation. When calculating it, several CCIs are used at once. It belongs to the trend group of technical analysis tools, but it can be also used as an oscillator. The chart is presented in the form of colored bars, the color of which symbolizes the type of the dominant trend: blue - bullish, and red - bearish.

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