Titan Pulse Oscillator

Titan Pulse Oscillator

Titan Pulse Oscillator is a momentum oscillator built on the WaveTrend calculation. It measures how far price (typical price: high, low, close) has moved from its smoothed average, normalised by recent volatility, and plots the result as two lines with a colour-coded histogram ribbon. Volume is not used in the calculation.

On top of the oscillator core, the indicator adds an automatic divergence engine, filtered cross signals, live target lines, a multi-timeframe matrix and a signal statistics panel, all inside a movable on-chart cockpit.

HOW IT WORKS

The oscillator produces two lines: WT1 (main line) and WT2 (smoothed signal line). Fixed levels at +/-50 and +/-60 (adjustable) mark stretched momentum zones. The ribbon changes colour depending on whether WT1 is above or below WT2.

Pivots on WT1 are detected with a configurable number of left and right bars. A pivot is confirmed only after the right-side bars have closed, so confirmed divergences do not repaint. This also means a divergence is reported a few bars after the pivot itself. This delay is the price of confirmation and is controlled by the Pivot Right Bars input.

KEY FEATURES

Oscillator core

- WaveTrend calculation with adjustable Channel, Average and Signal Line periods.

- Colour-coded histogram ribbon and WT1 / WT2 lines.

- Adjustable inner and outer levels.

- Pivot markers on WT1.

Divergence engine

- Regular and hidden divergence, bullish and bearish.

- Lines are drawn on both the price chart and the oscillator window.

- Minimum pivot level filter to ignore shallow, low-quality pivots.

- Separate switches for regular and hidden divergence.

Cross signals

- BUY / SELL arrows when WT1 crosses WT2 from inside the selected zone depth.

- Optional EMA trend filter.

- Signals are evaluated on closed bars only.

Live targets

- Entry, stop and target lines for the active signal, calculated from ATR multiples you choose.

Signal statistics

- Every historical cross signal is checked against the same ATR-based stop and target, with a maximum number of bars allowed to reach it.

- The panel shows resolved signals, wins, losses, expired signals, win rate and expectancy in R.

- If stop and target are touched within the same bar, the signal is counted as a loss.

- These are statistics of past signals on the loaded chart history. They describe how the rules behaved before and do not predict future results.

Multi-timeframe matrix

- WT1 value, direction and zone for M5, M15, H1, H4 and D1, plus an alignment summary.

- The matrix is informational and does not filter signals.

HUD cockpit

- Movable panel: drag the header, or press the CORNER button to jump between the four chart corners. The position is remembered per symbol.

Alerts

- Pop-up, mobile push and email alerts for cross signals and divergences.

- Alerts fire once per closed bar.

HOW TO READ IT

1. Zone: WT1 beyond the inner or outer level shows stretched momentum in that direction.

2. Cross: WT1 crossing WT2 out of that zone is the basic reversal trigger. The EMA trend filter can limit signals to the direction of the larger trend.

3. Divergence: a divergence line shows that price and momentum disagree between two confirmed pivots. Hidden divergence compares pivots in the opposite way and is often read as trend continuation.

4. Context: check the MTF matrix and the signal statistics before relying on any single signal.

Like any oscillator, it can stay in an extreme zone for a long time during strong trends. It works best as a confirmation tool alongside your own analysis, risk management and trade plan.

MAIN INPUT PARAMETERS

- Channel Period / Average Period: WaveTrend calculation lengths (defaults 10 / 21).

- Signal Line Smoothing: length of the WT2 average.

- Inner / Outer Level: zone boundaries (defaults 50 / 60).

- Min Zone Depth for Cross: how deep inside the zone WT1 must be before a cross counts (0 = any cross).

- Use EMA Trend Filter / Trend EMA Period: optional direction filter.

- Divergence Lookback, Pivot Left / Right Bars, Min Pivot Level: control divergence sensitivity.

- Stop Distance / Target Distance (ATR x), Max Bars to Reach Target: define live targets and the statistics rules.

- Alerts: separate switches for signals, divergences, pop-up, push and email.

- Max Bars to Process: limits how much history is analysed for speed.

- HUD options: show or hide the cockpit and choose the default corner.

NOTES

- This is an indicator, not a trading robot. It does not place trades.

- Works on any symbol and timeframe available in MetaTrader 5.

- Push notifications require your MetaQuotes ID to be set in the terminal options.

DISCLAIMER

NOTLAR