Range Oscillator + Bands trading indicator for MetaTrader 5

Range Oscillator + Bands trading indicator shows the relative position of the average price in the range from the highest maximum to the lowest minimum for the desired period.

A "trick" of the Range Oscillator + Bands indicator is the use of Bollinger Bands to determine the overbought and oversold zones.

Range Oscillator + Bands trading indicator
Range Oscillator + Bands trading indicator

We recommend that you use Range Oscillator + Bands trading indicator as a more effective alternative to the Stochastic indicator.

Download Range Oscillator + Bands trading indicator

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