# DT Oscillator Indicator voor MT5

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## Introduction to the DT Oscillator Indicator

The DT Oscillator Indicator is a momentum indicator which identifies and indicates momentum direction as a two lined oscillator. It is an oscillator which is derived from two popular oscillators, die de relatieve sterkte-index zijn (Rsi) en de Stochastische Oscillator (Dus).

## What is the DT Oscillator Indicator?

The DT Oscillator Indicator plots two oscillator lines, de ene sneller dan de andere. De snellere lijn, which is the main oscillator line is represented by a deep sky blue line, while the slower line, which is its oscillator signal is represented by a pale violet-red line. It also fills the space between the lines powder blue to indicate a bullish momentum, and misty rose to indicate a bearish momentum.

The lines oscillate within the range of zero to 100, met stiften op 30 En 70. Crossovers developing below 30 is indicative of a mean reversal coming from an oversold position, and crossover above 70 indicates a mean reversal from an overbought position.

## How the DT Oscillator Indicator Works?

The DT Oscillator uses an algorithm which calculates a Stochastic Oscillator derived from an RSI instead of price. It then plots the oscillator lines, just like a regular Stochastic Oscillator. Echter, the lines it plots tend to be smoother since it is derived from another oscillator.

## How to use the DT Oscillator Indicator for MT5

This indicator has several variables which can be modified to adjust its sensitivity.

“Rsi period” refers to the number of bars used to calculate for the underlying RSI.

“Stochastic period” refers to the number of periods the indicator uses to calculate for the SO lines of the RSI.

“Slowing” refers to the smoothing variable added to the SO lines.

“Signal period” adjusts the number of periods used on the oscillator signal line.

This indicator can be used as a mean reversal signal indicator. Traders can simply wait for the SO lines to breach above 70 of zak hieronder 30 and trade the crossovers of the two SO lines as a mean reversal signal.

Wanneer moet u invoeren?

Wait for the SO lines to drop below 30. Open a buy order as soon as the faster SO line crosses above its oscillator signal line pair. Zet de stop loss op de steun onder het item kaars.

Wanneer moet u afsluiten?

Close the trade as soon as the faster SO line crosses below its oscillator signal line pair.

### Handelsinstellingen verkopen

Wanneer moet u invoeren?

Wait for the SO lines to breach above 70. Open a sell order as soon as the faster SO line crosses below its oscillator signal line pair. Zet de stop loss op de weerstand boven de ingang kaars.

Wanneer moet u afsluiten?

Close the trade as soon as the faster SO line crosses above its oscillator signal line pair.

## Conclusie

This indicator is an effective mean reversal signal indicator based on momentum. It can be used both on ranging markets with clear support and resistance areas, as well as trending markets trading in the direction of the trend. These crossover signals also work best when in confluence with price action based technical analysis.

DT Oscillator Indicator for MT5 is a Metatrader 5 (MT5 MT5) indicator en de essentie van deze technische indicator is het transformeren van de geaccumuleerde geschiedenis gegevens.

DT Oscillator Indicator for MT5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Op basis van deze informatie, handelaren kunnen verdere prijsbeweging aannemen en hun strategie dienovereenkomstig aanpassen. Klik hier voor MT5 Strategies

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#### How to install DT Oscillator Indicator for MT5.mq5 to your MetaTrader 5 Grafiek?

• Copy DT Oscillator Indicator for MT5.mq5 to your Metatrader 5 Directory / Deskundigen / Indicatoren /
• Start of start uw Metatrader opnieuw 5 Client
• Selecteer Grafiek en tijdsschema waar u uw mt5-indicator wilt testen
• Zoek “Aangepaste indicatoren” in uw Navigator meestal links in uw Metatrader 5 Client
• Right click on DT Oscillator Indicator for MT5.mq5
• Aan een grafiek koppelen
• Instellingen wijzigen of op ok drukken
• Indicator DT Oscillator Indicator for MT5.mq4 is available on your Chart

#### How to remove DT Oscillator Indicator for MT5.mq5 from your Metatrader 5 Grafiek?

• Selecteer de grafiek waar de indicator wordt uitgevoerd in uw metatrader 5 Client
• Klik met de rechtermuisknop in de grafiek
• “Lijst met indicatoren”
• De indicator selecteren en verwijderen