EW oscillator is an indicator for MT4 that works on the basis of mathematical calculations based on a price chart.

• Gives a minimum of false signals.
• Perfectly finds trend reversals.
• Perfect for scalping.
• Simple and easy indicator setup.
• Perfect for working on small timeframes (up to H4).
• It works on any financial instruments.

EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD.

A buy signal is formed when the level 20 crosses from the bottom up.

A sell signal is formed when the level 80 crosses from top to bottom.

• ColorEW -the color of the indicator line.
• PeriodEW– the indicator calculation period.
• Alert – enable or disable the Alert. If true-enabled, false-disabled.
• Type of signal – this setting is responsible for the moment when the Alert signal is sent. Type of signal takes the values current bar (sending a message when a signal appears on the current bar) or last bar(sending messages when a signal appears on the last bar).