Trended Digital Oscillator

4

Oscillators are, by nature, exemple of any trend information. This indicator is "trended", meaning is it reacting to trend as well:

if the oscillator is in the UPPER part of the window, then trade only BUYs.

if the oscillator is in the LOWER part of the window, then trade only SELLs;

You can also choose to start trading when the trend begins (see Alerts)


Parameter description:

  • lookbackOsc : Period of the yellow line (the digital oscillator). (default = 14)
  • DSFast :  Fast Period of the oscillator (default = 3)
  • DSSlow : Slow Period of the oscillator (default = 5)
  • BandFactor : Global factor of the periods of the oscillator (default = 0.5)

Trend Parameters :

  • trendPeriod : Period of the main trend. (default = 111)
  • trendNum : takes the average of the last "trendNum" bars of the MovingAverage. (default = 40)
  • MAStrength : Strength of the Moving Average. Higher value means a more "squashed" curve. (default = 6)
  • MAMode : Mode of the Moving Average. (default = MODE_SMA)

Alerts Parameters :

  • TrendBeginningAlert : when the upper or lower gray line is departed from extremums (0 or 100), the trend is considered to have begun. You can be alerted for that.
  • ExtremumsAlert : when the upper or lower gray line is touching the extremums (0 or 100) an alert can be sent.
  • AlertWaitEndOfBar : Wait for the end of bar to send Alert
  • extern bool AudioAlert : MT4 Alert
  • extern bool EmailAlert : Email Alert
  • extern bool PushAlert : Push (mobile) Alert

Reviews 2
Pascal Murundelger
3193
Pascal Murundelger 2019.06.17 18:20 

Good indi need to run more time

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DayTrader PRO (Buy DayTrader PRO and Get another Paid Self Optimizing indicator for Free as Bonus) MT5:  https://www.mql5.com/en/market/product/186222 DayTrader PRO   is an advanced trading indicator that combines John Ehlers' Laguerre Filter with a powerful Auto-Optimization Engine. Instead of using fixed parameters, the indicator automatically searches for the best settings based on recent market conditions, helping you adapt to changing volatility without constant manual adjustments. The in
Channel Pro MT4
Yan Zhen Du
Indicators
Channel Pro MT4 Identify high-probability reversal zones with a single glance. Channel Pro MT4 combines a dynamic volatility channel with a color-coded momentum trend line to help traders spot potential price reversals before they develop. When price briefly breaks outside the channel and snaps back, the indicator marks the event with a clear arrow signal directly on the chart — no separate window needed. Key Features Non-repainting — all signals are confirmed on the closed bar only Upper and lo
True Choppiness Direction
Libertas LLC
5 (2)
Indicators
True Choppiness Direction determines if the market is choppy (trading sideways) or if it is trending, as well as the trend direction and strength (green=up, red=down, grey=no trend) . The underlying algorithm is designed to detect trend movements even in the presence of noisy market data, please see screenshots. Trend strength is indicated by taller or shorter red/green fill. Choppiness index is range-bound between -50 (very trendy) and +50 (very choppy). This is a custom algorithm designed by u
Scalper Inside PRO
Alexey Minkov
4.74 (69)
Indicators
Scalper Inside PRO helps you read the intraday trend and plan a trade before you enter the market. It is built around three exclusive strategies for a sharper read of the market. The moment a signal appears, the indicator evaluates market direction and calculates the key levels, so you see the potential entry, the expected stop-loss and several profit-taking levels in advance. Detailed performance statistics show how different instruments and strategies performed in history and help you pick ass
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Tick Sound
Jean Francois Le Bas
5 (2)
Indicators
Tick Sound will play a different sound each time a tick is triggered. When the tick is higher than the previous one, an "UP" sound is triggered When the tick is lower than the previous one, a "DN" sound is triggered The main sound i chose is a Sheppard Tone : it's an audio effect that simulates and endless ramping sound up or down which is perfect for this task. but you can also select 14 different pre-made up/dn sounds or use your own sounds There are three main parameters for Tick Sound Ask :
TenFold
Jean Francois Le Bas
4 (1)
Indicators
9 out of 10 copies left at $100 after that price will double ($200) ! so hurry This indicator is a mean-reversal type of indicator. Meaning it will not follow a trend but rather make profit from a change in price direction, when the price extends from it mean, but to come back to it later on. This indicator is 100% NON REPAINT and will not redraw its arrows once they appear. Each arrow is drawn at the close of the candle, not during the life of the candle. No parameters, only alert parameters.
Early Trends
Jean Francois Le Bas
Indicators
Early Trends finds trends early, when price is still squeezed inside price action, which is the best time to spot a trend. When the price action makes higher highs or lower lows within the first bars back, while no HH or LL has been triggered on higher period bars back, then a trend is potentially beginning You can also take signals only in the direction of the trend, with the trend filter. Many parameters : Number of Bars Displayed Number of Bars Back HHLL Number of Bars Back Multiplier Period
Top G Arrows
Jean Francois Le Bas
Indicators
"TOP G ARROWS"    shows price reversal points designed for scalping and intraday trading. Contains internal reversal filters (ATR, HHLL, RSI). Can be used on all time frames and trading instruments. Can be used on M1, M5, M15 time frames for scalping or M30, H1, H4 for intraday trading, Recommended for M30 and H1. The arrows are built on candle close (appears on previous bar at the open of the new candle)
TruRange
Jean Francois Le Bas
Indicators
TruRange is a Next-Level trend and range detection created from algorithms based on   price action. No other indicator apart from ATR is used in the computing of the main line indicator It separates Trending and Ranging market conditions without any lag. It's good to separate mean reverting strategies from trending/breakout strategies. Settings : Bars : number of bars to compute Sensitivity : a lower value will have longer range periods while a higer value will have more smaller ranging period
Equilibrium MA
Jean Francois Le Bas
Indicators
This indicator cuts right through the price, in a straight line 100% non repaint, you get a new value at the opening of each new bar It is perfect for mean reversal strategies : open far from the line and close when the price touches the line It works really well for mean reverting pairs specially (CHF, NZD). It has absolutely no lag when there is a sudden move up or down and follows trend exactly ! This indicator should be a must have tool in the toolbox of every trader
Causal Hodrick Prescott Moving Average
Jean Francois Le Bas
Indicators
The Hodrick-Prescott filter is a well known filtering algorithm Perfect for offline jobs it lacks realtime capabilities that are necessary in trading This is a first time a causal Hodrick-Prescott filter has been made I was able to successfully make a causal (realtime) version of the Hodrick-Prescott algorithm which keeps the lag to a minimum as you can see on the screenshots, it is really responsive to sharp changes while retaining a high smoothing ability, making it one of the best smoothers
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[Deleted] 2019.07.25 14:25 

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Pascal Murundelger
3193
Pascal Murundelger 2019.06.17 18:20 

Good indi need to run more time

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