Created By: Zar
Have you ever wanted to spice up your trading toolkit? Well, let me introduce you to the Perceptron Oscillator. This nifty little indicator is built on a simplified perceptron algorithm, and while it may sound complex, it’s essentially a twist on the classic Momentum indicator, featuring a more exotic averaging method.
The Perceptron Oscillator made its debut in MQL4, first appearing in the Code Base at mql4.com on December 25, 2009. Since then, it has caught the eyes of many traders looking for a fresh perspective on momentum analysis.
Fig.1 The Perceptron Oscillator indicator
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