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Spectr: Asset Oscillation Normalized by a Moving Average

Article MQL5 code base

Summary

Spectr is described as an indicator that measures the oscillation spectrum of a financial asset and normalizes it using a simple moving average. This gives a brief conceptual description of how the indicator relates price movement to a moving average, but the document provides no formula, parameter settings, signal rules, chart interpretation, or trading example. It therefore offers only a starting point for understanding the indicator rather than a method that can be reproduced from the text alone.

The document credits Yuriy Tokman and notes that the indicator was first implemented in MQL4 and published in 2009. It references a figure, but no usable figure or additional analysis is included in the supplied text. There is no performance evidence, comparison with other indicators, or discussion of limitations. A trader or researcher would need the original implementation or further documentation to assess how the spectrum is calculated and whether it has practical value.

Key ideas

  • Spectr describes asset oscillations normalized by a simple moving average.
  • The supplied text does not explain the calculation or interpretation of the indicator.
  • No entry rules, performance results, or trading limitations are provided.
  • The indicator is credited to Yuriy Tokman and dates to an MQL4 release in 2009.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.