The Ultimate Oscillator is a popular and useful forex indicator that is available for free on the MT4 platform. This powerful tool is designed to measure the momentum and overbought/oversold levels of a currency pair, helping traders to make informed trading decisions. The Ultimate Oscillator calculates a weighted average of three different time frames, providing a comprehensive view of the market’s momentum. With its unique algorithm, this indicator ensures accurate readings, making it a valuable tool for forex traders. To use the Ultimate Oscillator, traders can look for overbought and oversold conditions, signifying potential reversal points. Additionally, divergences between the price and the oscillator can indicate upcoming trend changes. By incorporating this indicator into their trading strategy, traders can identify potential entry and exit points, improving their overall trading performance. With its user-friendly interface and accurate readings, the Ultimate Oscillator is a must-have forex indicator for traders looking to optimize their trading strategies. Whether you are a beginner or an experienced trader, this free MT4 indicator can significantly enhance your forex trading results.
MT4
Ultitimate Oscillator
Ultimate Oscillator – A popular and useful MT4 forex indicator, it is renowned for its effectiveness in analyzing price movements. This free indicator offers valuable insights into potential market trends and assists traders in making informed decisions. With its unique formula, the Ultimate Oscillator intelligently combines multiple timeframes to provide a comprehensive view of price actions. Its simple application makes it user-friendly and essential for traders seeking reliable signals to guide their forex strategies.
Trading Style | |
---|---|
Indicator Type | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 1
Description
Reviews (0)
Be the first to review “Ultitimate Oscillator” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Currency Pairs Correlation
The Currency Pairs Correlation indicator is a free and popular tool for forex traders available on MT4 platform. It shows the correlation between various currency pairs, helping traders identify potential trading opportunities and manage their portfolio risk. The indicator calculates correlation coefficient between selected currency pairs and displays it as a color-coded matrix. The Currency Pairs Correlation indicator can be used by both novice and experienced traders to get a better understanding of market dynamics and make more informed trading decisions.
Qualitative Quantitative Estimation
The Qualitative Quantitative Estimation Indicator is a powerful tool for traders in the Forex market. It's a new and popular indicator that works with the MT4 platform. The QQE Indicator is used to determine market trends, identify overbought and oversold positions, and detect divergence in prices and momentum.
Volatility Quality Zero
The Volatility Quality Zero Line Indicator is a new, popular and free forex indicator available on MT4 that determines the volatility quality of a financial instrument by measuring the relationship between the average true range and the true range. It draws a zero line, which serves as a guide to determine the direction of the trend, and traders can enter or exit positions based on its crossing. The Volatility Quality Zero Line indicator is a useful powerful tool that will definitely take your trading experience to the next level.
Woodies CCI Arrows Oscillator
The Woodies CCI Arrows Oscillator Indicator is a popular MT4 technical analysis tool used by forex traders to identify trends and potential entry and exit points wich based on the Woodies CCI system, which helps traders to identify when a trend is strong and when it may be weakening. The arrows on the indicator show when the price is moving in a particular direction, and the oscillator provides additional confirmation of the trend's strength. The Woodies CCI Arrows Oscillator Indicator is a valuable addition to any trader's toolkit, and it can help traders make better-informed trading decisions.
Commodity Channel Index
The Commodity Channel Index (CCI) is a popular and useful Forex indicator used by many traders. It is a technical indicator that measures the momentum of price movements and helps to identify when a currency pair is overbought or oversold. It is easy to use and can help traders identify potential trading opportunities. The indicator is free to use on the MT4 trading platform and is one of the most popular indicators used by traders.
Wave Trend Oscillator
The Wave Trend Oscillator Indicator is a popular and free Forex indicator for MT4 that is useful for both novice and experienced traders. This indicator is designed to detect the trend and momentum of the market and provide traders with a visual representation of the trend direction. It then plots the waves on a chart and provides traders with a signal when the trend has reversed or is about to reverse. This indicator is also customizable, allowing traders to adjust the sensitivity of the indicator to their own trading style. With the Wave Trend Oscillator Indicator, traders can easily identify the trend of the market and make informed trading decisions.
ROC Indicator
The ROC Indicator is a popular and useful Forex indicator for MT4 that is free to download. It is used to measure the rate of change in price movements over a given time period. The indicator is useful for traders as it can help identify when a price is overbought or oversold, and when a trend is reversing. The ROC Indicator is a popular and useful tool for traders who want to make informed decisions about their trading strategies.
Reviews
There are no reviews yet.