Andean Oscillator Signals MT5

  • Indicateurs
  • Mattia Marco Platania
    Mattia Marco Platania
    At MetaCoderStore, our goal is to build practical, clean, and reliable MetaTrader indicators that traders can actually use in live chart work. We focus on clear visual tools, useful inputs, and MT4/MT5 versions wherever possible.
  • Version: 1.0
  • Activations: 10

Paid release: Andean Oscillator Signals MT5 is a paid MetaCoderStore indicator. Use the product comments for setup questions, feature requests, and feedback for future updates.

Andean Oscillator Signals MT5 shows bullish and bearish trend variation as two oscillator components, then marks cross signals when one side takes control with optional confirmation from the signal line.

Use cases

  • Read whether bullish or bearish pressure is dominant.
  • Spot bull crosses when the bull component moves above the bear component.
  • Spot bear crosses when the bear component moves above the bull component.
  • Use the gold signal line to filter weak component crosses.
  • Feed EAs or scanners with signal and trend-state buffers.

What it shows

  • Blue bull component histogram.
  • Red bear component histogram.
  • Gold signal line.
  • Optional bull and bear cross arrows in the oscillator window.
  • Hidden buffers for signal value and trend state.

Main features

  • Exponential-envelope oscillator logic for trend-variation reading.
  • Optional component-above-signal confirmation.
  • Configurable length, signal period, marker visibility, and minimum component difference.
  • Popup and push-notification alerts.
  • EA-readable buffers for automation and dashboards.

Basic use steps

  1. Attach the indicator to a chart.
  2. Use blue-over-red as bullish pressure and red-over-blue as bearish pressure.
  3. Use arrows as component-cross signals.
  4. Confirm signals with trend, session, price action, volatility, and risk rules.

Inputs

  • Length: main exponential-envelope length.
  • SignalPeriod: smoothing period for the gold signal line.
  • ShowSignalMarkers: shows or hides bull/bear arrows.
  • RequireComponentAboveSignalLine: filters crosses unless the leading component is above the signal line.
  • MinComponentDifference: optional minimum distance between bull and bear components.
  • EnableAlerts, AlertTriggerCandle, EnablePopupAlerts, EnablePushNotifications: alert controls.

Buffers for EA integration

  • 0 Bull component.
  • 1 Bear component.
  • 2 Signal line.
  • 3 Bull cross arrow value.
  • 4 Bear cross arrow value.
  • 5 Signal value: 1 bull cross, -1 bear cross, 0 neutral.
  • 6 Trend state: 1 bull dominant, -1 bear dominant, 0 neutral.

Risk note: Oscillator crosses can fail in sideways, low-liquidity, or news-driven markets. This indicator is a technical analysis tool, not financial advice or an automated trading system. Test settings on demo data before live use.

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Georgios Kalomoiropoulos
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