cTrader Rex Oscillator Indicator

Created at 04 Dec 2019, 10:48
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ClickAlgo

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Joined 05.02.2015

cTrader Rex Oscillator Indicator
04 Dec 2019, 10:48

The cTrader Rex Oscillator is a moving average of the True Value of Bar (TVB) that shows the inertia of the market. When the Rex Oscillator turns positive it will show a bearish trend and a reversal is about to happen and when the Rex Oscillator turns negative in a bull market indicates a reversal to the downside.

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cTrader Rex Oscillator Indicator

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  • The oscillator Rex line becoming positive on the bearish market indicates the up-reversal.

  • Similarly, the negative value of the line on the bullish market indicates its down-reversal.

  • Moreover, the oscillator Rex and Signal lines can be used as a warning signal.

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