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PTS Precision Index Oscillator

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The Precision Index Oscillator (Pi-Osc) indicator provides time-accurate trading signals based on a multilateral market analysis. The indicator differs significantly from standard oscillators.

At first glance, it can be mistaken for an ordinary oscillator. Its true power can be felt only in comparison with other oscillators. The indicator often and at the same time quite accurately indicates the highs and lows.

Pi-Osc is very easy to use. Timely signals about the appearance of a maximum / minimum appear when the value of or -3.14 is reached at the time the indicator is removed from the value of “pi”.

The signal indicates a high probability of a reversal on the next candle. Reversals can be different in size. There is a possibility of a false alarm, which should be perceived as a signal to continue the existing trend.

Be sure to use stop levels and effective risk management if you want to make a profit in the long run.

When calculating pivot points, various mathematical formulas are used to determine the price and volume on several timeframes.

The indicator performs a large amount of calculations and requires at least 200 bars to start rendering.

In real trading, it is reasonable to load 2,000-5,000 bars for faster operation.

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During testing, you can load more bars, but the indicator will need more time to work.

Details can be found on my website.

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