Vertex Oscillator in MetaTrader 5 Download - Free - [TradingFinder]

On Jan 26, 2025, in version 2, alert/notification and signal functionality was added to this indicator

The Vertex Oscillator is a practical oscillator for the MetaTrader 5 platform, designed to identify market fluctuations and reversal points accurately.

This indicator uses complex mathematical calculations, primarily involving the difference between moving averages (MA) and other time filters.

The results of these calculations are displayed as two oscillator lines in the oscillator section of the chart.

Specifications Table

Indicator at a Glance

The buy and sell conditions on the Vertex Oscillator are created by the movement of the oscillator lines crossing zero either from the top or bottom and their intersections.

For example, if the signal line (light blue line) crosses the red line from below and oscillates above the zero line, an upward trend has formed.

Vertex Oscillator in a Bullish Trend

Based on the analysis of the Binance Coin (BNB) cryptocurrency chart on the 15-minute timeframe, the oscillator line was in a range (Range) state and then penetrated the red line, crossing it from below. In such a case, the intersection of the blue and red lines creates ideal points for entering a buy position.

Vertex Oscillator in a Bearish Trend

According to the EUR/USD cryptocurrency pair chart on the 1-minute timeframe, at points 1 and 2, the oscillator line (light blue line) crosses the red line from above.

It oscillates powerfully below the zero line (the middle line of the oscillator). The trend remains bearish as long as the oscillator line does not return to the upper side of zero.

Indicator Settings

• Indicator Period: The number of candles for indicator calculation is 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 is an essential tool for traders. This trading tool provides a clear view of price reversal points and allows users to identify ideal entry points for trades when the oscillator lines cross under the right conditions.