Arbitrage Indicators

This indicator combines six classic oscillators in one chart window and draws each of them as two lines. One input switches between them, so you can compare signals without loading several separate indicators.

Available types: MACD, KDJ, RSI, CCI, RVI and DeMark.

The two lines work like the main line and the signal line of the selected oscillator. When the fast line crosses the slow line, the direction changes and the lines switch colour: one colour after an upward cross, another after a downward cross. The cross is the signal, and the colour keeps the current direction readable while you scan other charts.

Additional levels for overbought and oversold zones can be drawn, so a cross that happens deep inside one of those zones can be told apart from a cross in the middle of the range.

How to use

- Direction: follow the current line colour and ignore signals against it

- Entry: take the cross as a trigger, then confirm it with your own method, support and resistance, price action, or a higher timeframe

- Overbought and oversold: a cross inside those zones matters more than a cross in the middle of the range

- Exit: the opposite cross, or a fixed stop loss and take profit

- Optional alerts on every cross: on-screen, push or email

Inputs

- IndicatorType - MACD, KDJ, RSI, CCI, RVI or DeMark

- FastPeriod / SlowPeriod / SignalPeriod - settings for the MACD mode

- RSIPeriod, CCIPeriod, RVIPeriod, DeMarkPeriod - period of the selected type

- AppliedPrice - close, open, high, low, or typical and weighted price

- OverboughtLevel / OversoldLevel - zone levels, for example 70 and 30

- AlertOnCross / AlertPopup / AlertPush / AlertEmail - notification settings

- ShowArrows - draw a marker on the cross bar

(Replace the names above with the actual input names of your indicator.)

Notes

- Developed and tested on currency pairs. It can be attached to any symbol, but behaviour on other instruments has not been verified.

- The indicator does not place orders and gives no profit guarantee. It shows where the selected oscillator crosses; entries, exits and risk remain yours.

- Repainting: the value of the current, not yet closed bar keeps moving with price, so only trade a cross after the bar closes. Closed bars are not redrawn. (Confirm this matches your indicator and correct it if it does not.)

- Works on any timeframe. Higher timeframes give fewer and slower signals.

- Questions are welcome in the comments or by private message on MQL5.