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.
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