The unique “Frustrader Oscillator” indicator is one of the oscillating indicators and specifies immediate signals of sell & buy position. When the indicator hits the + or – 100, in case of moving average cross & color change, a great signal will be available to take the position. In the indicator Multi Period Frustader Oscillator you can see the appropriate Frustrader Oscillator settings at any time frame.   **Note: You can test the product without registering, but follow the registration steps for full access to use the product.

Category:

You can download this product directly here for MT4/MT5 yet it will not work unless you have eighter purchased the relevant Subscription, or registered your trading account under our Trusted Brokers.

After registration/purchase, please follow the Authorization process and install this tool through the Installation Guide.

Note: This product is designed to be installed on MetaTrader Platform Desktop Version.
It will not be installed on Mobile Version

 

The ‘Frustrader Oscillator’ is an indicator from oscillating family, which identifies immediate Long and Short signal.
In another word, this oscillator can be one of the best tool to be used in ‘Price Action’ strategies to confirm whether or not a trend has turned to the opposite side.
Indicator benefis from two different lines, one of which indicates the main value of the oscillator dedicated by the period of previously calculated candles, where the second line illustrates the ‘Correction’ of the main value.
In fact, the correction line alters the color to demonstrates the likelihood of a turning spot in the price momentum.
However, using this oscillator as the sole soruce of signal is not recommended.

Important notes:

  • The correction parameter in the ‘Frustrader Oscillator’ cannot be more than one sixth of the specified period for each time frame.
    **Example:
    If a period of 32 is dedicated to H4 Timeframe, the actual correction parameter will not be above 5, regardless what ‘Correction’ value is input by the user.
    Therefore, the ‘Correction’ value can be set by even smaller number, which makes the oscillator more sensitive or inaccurate. Simultaneously, the ‘Correction’ cannot be wider than a specific value, as explained above.
  • Crossing FO line above 100/below -100 can be considered as an imminent reversal alarm.
  • Submitting ‘Correction Line’ a flat shape can be a sign of discoloration.
  • The best performance can be seen when combined with ‘Price Action’ technique, where excellent signals can be taken out of it.

 

Different periods on different time frames as seen below:

Additional information

Functionality

Multi Period

Indicator

Frustrader Pro

Membership

Gold, Platinum