Re: MACD indicators MT5

68
Awesome Oscillator MTF

coder: mladen
date: December 6, 2016

MTF = Multi Time Frame
BT = on/off button

Awesome oscillator exists as an indicator in MetaTrader 5 already .

This version adds some options and extra functionality.

You can use 4 types of averages for calculation:

simple moving average (default — by definition this is what awesome oscillator uses)
exponential moving average
smoothed moving average
linear weighted moving average

Extended set of prices. Among the prices you can use heiken ashi prices which, implicitly, makes it the same as if you would use the indicator on an offline heiken ashi chart.

The indicator has usual set of alerts added (alerts on opened or closed bar, messages, sounds, emails, push notifications) and it is made multi time frame.

PS: as usual awesome oscillator is very similar to MACD (MACD, by definition uses exponential moving average for calculations) and can be used in a very similar way (momentum, divergence and similar). To make this version flexible, unlike the original awesome oscillator (which uses periods 5 and 34 and can not be changed), this version allows to use any period for calculation.

Re: MACD indicators MT5

69
Chande Momentum Oscillator

coder: igorad2004
date: Feb. 7, 2012

BT = on/off button

In this version of Chande Momentum Oscillator the smoothed price is used for the calculations. It is allowed to improve the filter of trend direction.

Chande Momentum Oscillator (CMO) was developed by Tushar Chande and is a technical indicator that attempts to capture the Momentum. Chande discussed this and many other indicators in his book "The New Technical Trader: Boost Your Profit by Plugging into the Latest Indicators". Тhe range of CMO is from -100 to 100. The values +50 and -50 are assumed as ovebought and oversold states of the market.
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