Elliott wave oscillator indicator actually is a forex SMA 34 technical indicator subtracted from SMA 5. This indicator moves or oscillates under and above zero indicator line. This indicator can be traded in any time frame chart. Elliott wave oscillator indicator can be used to support Elliott wave count analysis.
You can download Elliott wave oscillator indicator through this link Elliott Wave Oscillator.mq4
And here is the pic of Elliott wave oscillator
Check our other article about Elliott Wave Indicator
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