MetaTrader 5 ‣ MT5 Indicators ‣ JP Oscillator – indicator MetaTrader 5
JP Oscillator - indicator for MetaTrader 5

JP Oscillator – indicator MetaTrader 5

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This indicator is an oscillator calculated by the following formula:

JPO = MA(close[period] – (close[period-1]/2 + close[period-2]/2)) – (0 – (close[period] – close[period-4]))

The indicator has three input parameters:

  • Period – calculation period;
  • Method – calculation method;
  • Smoothing – enable or disable smoothing (Yes/No).


JP Oscillator – indicator MetaTrader 5
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