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EW oscillator

5

The EW oscillator is an indicator for the MetaTrader 4 based on mathematical calculations on the price chart.


Distinctive features

  • Generates minimum false signals.
  • Excellent for identifying trend reversals.
  • Perfect for scalping.
  • Simple and easy indicator configuration.
  • Suitable for working on the smaller timeframes (up to H4).
  • Works on any financial instrument.


Recommended symbols

EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD.


Recommendations on usage

The buy signal is formed when the level 20 is crossed upwards.

The sell signal is formed when the level 80 is crossed downwards.


Indicator Parameters

  • ColorEW - indicator line color.
  • PeriodEW- indicator calculation period.
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Type of signal - the setting is responsible for the signal to be sent by Alert. Type of signal can be equal to current bar (sending an alert when signal appears on the current bar) or last bar (when a signal occurred on the past bar).
Reviews 1
amfels07
493
amfels07 2017.04.03 23:54 
 

Awesome work........thanks for quick replies to my messages!

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The   Advanced Trend Scalper  indicator is designed to help both novices and professional traders. The indicator analyses the market and gives you buy and sell signals. It does not use any other indicators, it works only with the market actions. The signal appears right after the candle close and it does not repaint. The efficient algorithm provides a high degree of reliability of such signals.  Advanced Trend Scalpe r  for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/3334
Professional Histogram MT5 ( PH ) is a highly efficient and reliable tool for determining the direction and strength of the trend. PH is easy to use and configure both for beginners and experienced traders. Unlike most indicators, Professional Histogram finds longer trends and gives fewer false signals. When a buy or a sell signal appears, an alert is triggered allowing you to open a position in a timely manner and avoid sitting at your PC all the time. Professional Histogram    for the MetaTrad
Advanced Stochastic Scalper
Evgeny Belyaev
4.53 (15)
Advanced Stochastic Scalper - is a professional indicator based on the popular Stochastic Oscillator. Advanced Stochastic Scalper is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely mann
The   Advanced Trend Scalper MT5  indicator is designed to help both novices and professional traders. The indicator analyses the market and gives you buy and sell signals. It does not use any other indicators, it works only with the market actions. The signal appears right after the candle close and it does not repaint. The efficient algorithm provides a high degree of reliability of such signals.  Advanced Trend Scalpe r  for the MetaTrader 4 terminal :  https://www.mql5.com/en/market/product/
Golden Star MT5 is a professional trend indicator for MT5 platform developed by a group of professional traders. The algorithm of its work is based on the original author's method, which allows finding potential trend reversal points with a high probability and receiving signals to enter the market at the beginning of a trend formation. This indicator is suitable for working on gold, cryptocurrency and currency pairs on Forex. The alert system (alert, email and mobile notifications) will help y
The Magic Histogram indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend. Magic Histogram is not redrawn, so you can evaluate its efficiency using history data. It is most suitable for M5, M15, M30, H1 and H4. Version for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/58448 Indicator Benefits Excellent indicator signals! Suitable for beginn
Exclusive Trend
Evgeny Belyaev
5 (3)
Exclusive Trend is a trend indicator that can be used for scalping, as well as intraday trading. Advantage of indicator: Generates minimum false signals. Perfect for scalping. Simple and easy indicator configuration. Recommendations on usage It is recommended to use the indicator during session movements to reduce the likelihood of falling into flat. Period M1 to D1. Trending currency pairs: GBPUSD, EURUSD, AUDUSD. Signals for Position Opening: Open Buy when the indicator is blue. Open Sel
Do you want to succeed in the Forex market? Our innovative   AI Swing Trading   indicator is your secret key to successful and profitable trading. We present to you this unique tool: Our indicator is equipped with a built-in neural network that allows you to analyze huge amounts of data, identify changes and predict price movements. This technology allows you to make informed trading decisions based on in-depth market analysis. The indicator algorithm is based on: Fibonacci levels, Price Acti
Magic Channel
Evgeny Belyaev
4.5 (2)
Magic Channel is a channel indicator for the MetaTrader 4 terminal. This indicator allows finding the most probable trend reversal points. Unlike most channel indicators, Magic Channel does not redraw. The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments. Attach the indicator to a chart, and the alert will trigger once a signal emerges. With our alerting system, you will never miss a single position opening signal! You can t
Every experienced trader knows that the trend lines should be paid the special attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the charts… Do you want to learn how to quickly and easily automate this process? Then read on. There is a solution — smart and reliable trend line indicator, the Automatic Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to admire the re
Magic Moving
Evgeny Belyaev
5 (2)
Magic Moving is a professional indicator for the MetaTrader 4 terminal. Unlike Moving Average , Magic Moving provides better signals and is able to identified prolonged trends. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. MT5 version can be found here You can test the program by downloading the demo version:  https://www.mql5.com/en/blogs/post/749430 Advantages of the indicator Perfect for scalping. Generates minimum false signals.
Smart Reversal Signal
Evgeny Belyaev
3 (2)
Smart Reversal Signal  is a professional indicator for the MetaTrader 4 platform; it has been developed by a group of professional traders. This indicator is designed for Forex and binary options trading. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Various notification options: alert, push, emails. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Indicator Parameters Perod - indicator calcula
EW Oscillator PRO
Evgeny Belyaev
3 (2)
EW Oscillator PRO is an indicator for MetaTrader 4 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. EW Oscillator PRO is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. A panel for displaying the information on the indicator signals from different timeframes is located in the top left corner (see screenshot #2). Distinctive fe
Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color.
FREE
Click Info
Evgeny Belyaev
The Click Info is a simple utility that allows the trader to quickly receive information about the High, Low, Open, Close, Time values of the current chart. In order to receive information about a bar, it is necessary to left-click the selected candle. Depending on the settings, either a pop-up Alert or a Comment with the information appears. Information on the bar values (High, Low, Open, Close, Time) can be extremely useful in practice of trading using graphical analysis, evaluation of the Pri
Exclusive Average is a custom trend indicator based on the standard Simple Moving Average with an improved operation logic. Signals for Position Opening: Open Buy when the price crosses the indicator line upwards. Open Sell when the price crosses the indicator line downwards. Advantages Good signals. The indicator does not repaint. Sending signals to email and mobile devices. Exclusive Average indicator parameters Indicator_Period - indicator calculation period. SendPush - sending push notif
The "Volumes Alert Push Mail" is an indicator for the MetaTrader 4, which is based on the standard Volumes indicator with functions for generating alerts, sending messages to email and mobile terminals. Advantages of the "Volumes Alert Push Mail" indicator Highly customizable visualization. Receiving signals in any way possible: emails, push-notifications and alerts. Free technical support from the developer. Parameters Volume - indicator value for sending the messages. Bar - the setting
Exclusive Trendline
Evgeny Belyaev
4.33 (3)
Every experienced trader knows that the trend lines should be paid attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the chart as well... Yikes!!! Do you want to know how to easily and simply automate this process? Then read on. There is a solution - a smart and reliable indicator of trend lines - the Exclusive Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to ad
Eldorado MT4
Evgeny Belyaev
Eldorado MT4 is a new MetaTrader 4 indicator based on a digital filter, it has been developed by a professional trader. By purchasing this indicator, you will receive: Excellent indicator signals! Free product support. Regular updates. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Simple indicator setup, minimum parameters. Signals for Position Opening: Open Buy when the channel goes up. Open Sell when the channel goes down. Recommended Usage It is recommended t
The List swap is an indicator for the MetaTrader 4 platform, which allows to display swaps for all symbols (available in the Market Watch). When using the free demo version, you need to remember that the Strategy Tester of the MetaTrader 4 does not provide the ability to obtain data on other symbols. In the Strategy Tester, the swap information will be displayed only for the symbol the indicator is attached to. The indicator can be useful for traders utilizing the "Carry trade" strategy, as well
The Volatility Pro is a professional indicator for the MetaTrader 4 platform This indicator can be used to calculate the volatility using two methods. It is also possible to apply a moving average to the volatility histogram. This indicator allows to easily identify the bars with high volatility, and it will also be useful for traders who trade the volatility breakouts. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Unique in
The Psychological levels indicator for the MetaTrader 4 terminal. Forex trading is very closely related to psychology. The psychological factors often cause spikes in demand or supply, which is bound to affect the movement of the currency quotes. In Forex, the price usually moves within a certain price corridor, the so-called psychological levels often serve as the boundaries of such corridors. Where are these levels located, and what causes their formation? The psychological Forex levels occur
Exclusive Oscillator is a new trend indicator for MetaTrader 4, which is able to assess the real overbought/oversold state of the market. It does not use any other indicators and works only with the market actions. The indicator is easy to use, even a novice trader can use it for trading. Exclusive Oscillator    for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/22300 Advantages Generates minimum false signals. Suitable for beginners and experienced traders. Simple and eas
MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configur
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amfels07 2017.04.03 23:54 
 

Awesome work........thanks for quick replies to my messages!

Reply to review
Version 67.666 2017.12.25
Added the ability to send alerts.
Version 66.666 2016.11.17
version 66.666
Fixed minor flaws.