LBR Oscillator: Automated MT5 Momentum Indicator for Consistent Trade Entries

This LBR Oscillator review presents an in-depth 2025 performance analysis that compares signal reliability, trade consistency, and operational characteristics across Forex and major indices. The LBR Oscillator is an enhanced implementation of the classic 3/10 Oscillator popularized by Linda Raschke, built with 3- and 10-period moving averages and a 16-period signal line. Pablo Filipe Soares De Almeida adapted the original configuration for MT5, adding parameter flexibility and trade management hooks for algorithmic execution. The indicator identifies momentum shifts when the short MA diverges from the longer MA and uses the signal line to filter false moves, which helps reduce whipsaw in choppy markets. What makes LBR Oscillator unique is its adherence to the original rhythmic reading while providing modern MT5 features: adjustable smoothing, signal threshold, and automated alerts. The algorithm computes crossovers and momentum slope, then applies configurable confirmation rules so entries wait for both crossover and signal line alignment. LBR Oscillator works best in trending and range-bound markets with defined rhythm rather than extreme news-driven spikes. Risk management is left to user-configurable parameters with recommended stop methods tied to recent structure and ATR bands. Expected performance characteristics in typical tests show moderate win rates with small per-trade targets and positive expectancy when combined with disciplined money management. The review includes result transparency and practical setup notes to replicate backtests within MT5 strategy tester.