Matrix Series Oscillator
- Indicators
- Leonardo Daniel Isaia
- Version: 1.2
Matrix Series – Support, Resistance & Momentum Indicator
Visualize key support/resistance zones, overbought/oversold levels, and market strength in a single indicator.
The Matrix Series combines dynamic CCI, smoothed moving averages, and standard deviation bands to provide a clear view of market direction and critical levels. It colors candles according to bullish or bearish pressure and displays dynamic support/resistance zones along with visual overbought/oversold alerts.
Main Features
- Trend-colored candles: green for bullish, red for bearish pressure.
- Support and resistance zones: dynamically calculated using configurable CCI periods.
- Overbought/Oversold indicator: detects extreme conditions with visual alerts.
- Easy to interpret: candle direction and zone interactions indicate market strength.
- Fully configurable: periods, smoothing, OB/OS levels, and zone visibility.
How to Use
- Trend identification: green candles → bullish strength; red candles → bearish strength.
- Trading with support/resistance: monitor price interactions with dynamic zones for entry or exit.
- Confirm with OB/OS: signals crossing OB/OS levels reinforce trading decisions.
Practical Examples
- Green candles with CCI above resistance → strong uptrend and likely continuation.
- Red candles with CCI near support → downtrend with possible new lows.
- OB/OS visual alerts → indicate potential trend reversals.
Competitive Advantages
- Combines multiple tools in one indicator: trend candles, CCI, support/resistance, and OB/OS alerts.
- Detects market strength changes before they are evident on the chart.
- Filters noise and sideways zones to trade with higher confidence.
Additional Information
- Platform: MetaTrader5
- Type: Momentum, Support/Resistance, Multi-component
- Recommended for: Swing traders, Day traders, Momentum analysts
Matrix Series – Turn market complexity into clear signals.
Master support, resistance, and trend strength with a single indicator.

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