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Smart Price Oscillator MT5


index (oscillator) analyzes the costs of a given period of bars and shows the likely change of direction (correction). The rise and fall of values above and below the zero level, as well as the intersection of the zero level are highlighted in various colors. The indicator has 4 standard types of smoothing results (SMA, EMA, SMMA, LWMA). The minimum value of the calculation period and the smoothing period is limited to the value 3. The signal to the input may be the intersection of the zero level or a change of colors.

  • analyzeperiod – period for analysis
  • smoothingperiod – period for smoothing
  • smoothingmethod – smoothing method
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