Aroon oscillator – multi time frame version – indicator MetaTrader 5

Aroon oscillator - multi time frame version - indicator for MetaTrader 5
Theory : The Aroon indicator was developed by Tushar Chande in 1995. Arron oscillator is belonging to the same family and is (even if it does not look so at the first glance) a direct offspring of Aroon indicator. This version is correcting what is frequently found for metatrader versions of Aroon oscillator indicator (level … Read more

Awesome Oscillator Trader – EA MetaTrader 4

Awesome Oscillator Trader - expert for MetaTrader 4
This EA uses a modified Awesome Oscillator (AO) indicator.  A Buy signal is generated when a negative AO green bar appears after consecutive negative red bars.  A Sell signal is generated when a positive AO red bar appears after consecutive positive green bars.  Stochastics and Bollinger Bands are also used as trade entry filters. An … Read more

Simple decycler oscillator – indicator MetaTrader 4

Simple decycler oscillator - indicator for MetaTrader 4
This indicator was originally developed by John F. Ehlers (Stocks & Commodities , V.33:10 (September, 2015): “Decyclers”). Ehlers recommended to use two instances of the Decycler Oscillator with different parameters (high-pass filter period and multiplier). As a result, he got the Decycler Oscillator pair.  This version is doing that and is showing the expected trend … Read more

Awesome Oscillator Trader 2 – Continuation of modification – EA MetaTrader 4

Awesome Oscillator Trader 2 - Continuation of modification - expert for MetaTrader 4
I decided to take the original code submitted by raposter here and my own version 1.1 modification to the next level of modification. In this part i also going to add Average True Range calculated stop loss and take profit. Version 1.1 already been modified with better risk assessment,a dynamic position sizing system and now … Read more

Price momentum oscillator – indicator MetaTrader 5

Price momentum oscillator - indicator for MetaTrader 5
Description : In his article in August 2020 issue of TASC , “The Compare Price Momentum Oscillator (CPMO),” author Vitali Apirine reintroduces us to the DecisionPoint PMO originally developed by Carl Swenlin and presents a new way to use it to compare the relative momentum of two different securities. This is the PMO indicator Recommendations: … Read more

Gann high/low activator (oscillator) – indicator MetaTrader 5

Gann high/low activator (oscillator) - indicator for MetaTrader 5
Basics : The Gann High Low Activator Indicator was described by Robert Krausz in a 1998 issue of Stocks & Commodities Magazine. It is a simple moving average SMA of the previous n period’s highs or lows. This version is made in rather unusual form : Gann high low activator is usually an indicator drawn on … Read more

Speed Oscillator – indicator MetaTrader 5

Speed Oscillator - indicator for MetaTrader 5
Description Measures current bar’s Moving Average Speed, in relation to the average of # (averaging period) past bars. This oscillator can be visually described with Speed Indicator. Calculations CurrentBar’s speed / Mean speed of past # bars AvgPosBuffer[i] = pos_sum/InpSPeriod; AvgNegBuffer[i] = neg_sum/InpSPeriod; if(ExtMABuffer[i] – ExtMABuffer[i-1]>0) { SO[i] = (ExtMABuffer[i]-ExtMABuffer[i-1]) / AvgPosBuffer[i]; } else if(ExtMABuffer[i] … Read more