Vertex Oscillator in MetaTrader 4 Download - Free - [TradingFinder]

The Vertex Oscillator is an advanced and powerful oscillator designed to identify market fluctuations and reversal points on the MetaTrader 4 platform.

This trading tool uses complex mathematical calculations, typically involving the difference between moving averages (MA) or other time filters. The results of these calculations are displayed as an oscillator on the chart.

Specifications Table

Bullish Trend Conditions

Based on the 15-minute price chart of the Ethereum (ETH) cryptocurrency, the oscillator line, in light blue, moves above zero (the middle line of the oscillator) at points 1 and 2, and exactly at these two points, it intersects the red line from the bottom, creating a long entry position.

Bearish Trend Conditions

As shown in the 1-hour price chart of the USD/CAD currency pair, the oscillator line, in light blue, moves below zero (the middle line of the oscillator) at points 1 and 2, and exactly at these two points, it intersects the red line from the top, creating a short entry position.

Indicator Settings

• Indicator Period: The number of candles for indicator calculation equals 14;
• Smoothing Factor: Data smoothing set to 0;
• Smoothing Type: Type of smoothing method;
• Selected Timeframe: Set the timeframe for data analysis;
• Type of Alert to Trigger: Type of alert for specific conditions;
• Candle to Evaluate for Alerts: Candle evaluated to trigger alerts;
• Enable On-Screen Alerts: Display alerts on the screen;
• Enable Email Alerts: Enable email alerts;
• Enable Push Notifications: Enable push notifications;
• Theme: Set indicator theme.

Conclusion

The Vertex Oscillator in MetaTrader 4 provides traders with a clear view of trend reversals and strength. Since this trading tool can identify fluctuations and trend changes across short and long-termframes, it can be used simultaneously for various trading strategies.