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MP Andean Oscillator

The MP Andean Oscillator is used to estimate the direction and also the degree of variations of trends.

It contains 3 components: Bull component, Bear component and Signal component. A rising Bull component indicates that the market is up-trending while a rising Bear component indicates the presence of down-trending market.

Settings:

  • Oscillator period: Specifies the importance of the trends degree of variations measured by the indicator.
  • Signal line per: Moving average period of the Signal line.

Usage rules:

  • Long: Bull line crosses over Bear line
  • Short: Bear line crosses over Bull line
  • Exit Long: Bull line crosses under Signal line
  • Exit Short: Bear line crosses under Signal line

Although the Signal line can be used to filter out false signals but it may induce a worse timing compared to above mentioned conditions.

Important notes:

This indicator is inspired by Andean Oscillator created by Alex Pierrefeu and all credit goes to him.

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Disclaimer:
Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any type of assets.

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O IX Power traz finalmente a precisão imbatível do FX Power para símbolos não-Forex. Determina com exatidão a intensidade das tendências a curto, médio e longo prazo nos seus índices, acções, mercadorias, ETFs e até criptomoedas favoritos. Pode analisar tudo o que o seu terminal tem para oferecer. Experimente e veja como o seu timing melhora significativamente quando negoceia. Características principais do IX Power Resultados de cálculo 100% precisos e sem repintura - para todos os símb
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MACD (short for Moving Average Convergence/Divergence) is one of the most famous and oldest indicators ever created and is widely used among beginners . However, there is a newer version of the MACD that is named Impulse MACD  which have less false signals than the standard MACD. Classic MACD helps us to identify potential trends by displaying crossovers between two lines. If MACD line crosses above the Signal line it shows us that the market is potentially up trending and that it would be a go
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Andreas Grimm
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Andreas Grimm 2023.10.31 19:10 
 

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Pierre Ksachikian
18478
Resposta do desenvolvedor Pierre Ksachikian 2023.11.01 08:33
Thank you very much for your review!
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