Vertex Mod 3.0 Oscillator for MT5 Download – Free – [TradingFinder]

The Vertex Mod 3.0 Indicatoris a multi functional technical analysis tool used to identify overbought and oversold levels, as well as optimal entry and exit points in the market.

This indicator simultaneously uses three key components Moving Averages (MA), Bollinger Bands, and Momentum to generate accurate, composite trading signals. The intelligent combination of these tools allows for a more precise analysis of trends and price reversals.

Specifications Table of Vertex Mod 3.0 Indicator

The table below describes the features of the Vertex Mod 3.0 Oscillator .

At a Glance: Vertex Mod 3.0 Indicator

In the Vertex Mod 3.0 indicator, the identification of overbought and oversold areas is based on the position of the red line relative to the Bollinger Bands. When the line crosses above the upper band, it indicates an overbought condition, and when it drops below the lower band, it signals an oversold area.

Uptrend

Based on the 30-minute Chainlink (LINK) chart, when the red oscillating line falls below the lower Bollinger Band, it indicates an oversold price level. In this situation, an upward crossover between the red and blue lines is interpreted as a trend reversal signal and a favorable point to enter a buy position.

Downtrend

According to the 1-hour EUR/USD chart, when the red line touches the upper Bollinger Band, it indicates an overbought market condition. A downward crossover of the red line below the blue line confirms the start of a downtrend and can be considered a suitable point to enter a sell position.

Vertex Mod 3.0 Indicator Settings

The settings for the Vertex Mod 3.0 Indicatorare as follows:

• Period: Calculation period of the indicator
• Signal_Period: Sensitivity of the red signal line to price fluctuations
• Signal_Method: Calculation method of the signal line
• BB_Up_Period: Number of candles used to calculate the upper Bollinger Band
• BB_Up_Deviation: Standard deviation used to set the upper band's distance from the midline
• BB_Down_Period: Number of candles used to calculate the lower Bollinger Band
• BB_Down_Deviation: Standard deviation for defining the lower band's volatility range
• Lockback: Number of past candles used for the indicator's analysis

Conclusion

The Vertex Mod 3.0 Oscillator  is designed by combining Moving Averages, Bollinger Bands, and Momentum, with a focus on precisely identifying price reversal zones, overall market trends, and overbought and oversold conditions.

This indicator displays three distinct lines a red signal line, a blue moving average line, and gray Bollinger bands allowing for fast and effective chart analysis. It is fully compatible with all time frames and can be used without limitation.