Center of Gravity Indicator
Non-lagging reversal oscillator · Red/blue crossover · Mean-reversion · MT4
About Center of Gravity Indicator
The Center of Gravity (COG) Indicator, sold on the MQL5 Market (product/142008) and documented at theforexgeek.com and tradingfinder.com, is a non-lagging oscillator for MetaTrader 4 designed to enable rapid identification of price reversal points. It's based on a moving-averages methodology and helps traders anticipate likely future price direction.
The indicator uses two oscillator lines — a red line providing a confirmation signal and a blue line confirming the trend — with a reversal signal generated when the red line crosses the blue line. When price travels to the outer extremes and touches them, the expectation is a move back toward the center-of-gravity blue line: touching the upper extreme suggests a sell opportunity, touching the lower extreme suggests a buy opportunity.
- Platform: MetaTrader 4
- Type: Non-lagging reversal oscillator (2-line: red confirmation, blue trend)
- Signal: Red/blue line crossover
- Use case: Overbought/oversold zones, reversal points, high-probability setups
- Source: mql5.com/en/market/product/142008 · Center of Gravity Indicator MT4