Spread_Oscillator - indicator for MetaTrader 5

Spread_Oscillator - indicator for MetaTrader 5

Spread Oscillator displays the spread of values between the two symbols selected

It has four configurable parameters:

  • First symbol - first symbol name
  • Second symbol - second symbol name
  • Fast MA period - fast MA calculation period
  • Slow MA period - slow MA calculation period


Spread Oscillator = SlowMA - FastMA


SlowMA = EMA(Ratio, Slow MA period)
FastMA = EMA(Ratio, Fast MA period)
Ratio = (Close(First symbol) / Close(Second symbol))*100.0

Download Spread_Oscillator - indicator for MetaTrader 5

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