The colored laquerre indicator is one of the best trading oscillators ever developed for the Metatrader 5 platform.
For best trading results, use this indicator in agreement with the overall trend. See the rules below.
Buy signal: the indicator crosses back above 0.15 level from below.
Sell signal: the indicator crosses back below 0.85 level from above.
Note: look for buy signals in an up trend and avoid sell signals, similarly, look for sell signals in an downtrend and avoid buy signals.
Type: trading oscillator
Currency pairs: any
Platform: Metatrader 5
Customizable settings: gamma, high level, mid level, low level