Andean Oscillator Signals MT4

Limited-time free release: Andean Oscillator Signals MT4 is free while MetaCoderStore collects trader feedback, comments, and feature requests for the first public version.

Andean Oscillator Signals MT4 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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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Young Ho Seo
5 (2)
Indicadores
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Indicadores
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