MultiOsc Trend Flat Detector MT5

The indicator analyzes the strength of price movement over the specified period using one of the built-in oscillators, with the additional feature of smoothing the values using a moving average (26 types) and displaying the conditional current state of the market: uptrend, flat or downtrend.

Parameters

• OscMode - used built-in oscillator
• PeriodOsc - oscillator calculation period
• PriceOsc - price used to calculate the values of the oscillator
• PeriodSm - result smoothing period
• ModeSm - smoothing mode
• UseIntegratedTrendFlatLevels - if true, uses built-in levels to determine the trend/flat, otherwise uses values of the settings below
• TrendLevelUp - uptrend start level
• TrendLevelDn - downtrend start level
• FlatLevelUp - level for transition of uptrend into flat
• FlatLevelDn - level for transition of downtrend into flat
• Precision - precision of calculations (the number of decimal places)