Maximize Your Trading with the Elliott Wave Oscillator Alert Indicator for MetaTrader 5

Meet Your New Trading Companion

The Elliott Wave Oscillator Sign Alert indicator is a game-changer for traders using MetaTrader 5. This nifty tool is designed to provide alerts right when you need them, sending you push notifications and emails directly to your mobile device. Imagine getting a heads-up on potential trades while you're on the go!

What’s New in This Version?

We've made some significant upgrades to the original indicator to enhance its functionality. Here’s a quick rundown of the new features:

Input Parameters: We've added customizable settings, allowing you to tailor alerts to your trading style. Here’s what you can adjust:

input uint NumberofBar = 1; // Bar number for the signal
input bool SoundON = true; // Enable alerts
input uint NumberofAlerts = 2; // Number of alerts
input bool EMailON = false; // Enable mailing the signal
input bool PushON = false; // Enable sending the signal to mobile devices

New Functions: Three new functions have been integrated into the indicator code: BuySignal(), SellSignal(), and GetStringTimeframe(). These functions help in generating alerts based on market movements and are crucial for timely decision-making.

Signal Functions in Action

The BuySignal() and SellSignal() functions are designed to kick into action after each calculation cycle of the indicator. Here’s a glimpse of how they work:

BuySignal("Elliott_Wave_Oscillator_Sign", BuyBuffer, rates_total, prev_calculated, close, spread);
SellSignal("Elliott_Wave_Oscillator_Sign", SellBuffer, rates_total, prev_calculated, close, spread);

Make sure that your buffer names, BuyBuffer and SellBuffer, are correctly set to store your trading signals.

Streamlined Alerts

Previously, the indicator had a built-in alert system that was somewhat clunky. This has been streamlined for better performance, ensuring you get alerts only when it matters most.

Library Integration

This indicator utilizes the SmoothAlgorithms.mqh library classes, which you’ll need to copy to your MetaTrader 5 installation. Detailed instructions and further insights can be found in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Originally crafted in MQL5, this indicator first made its debut on Code Base back on April 26, 2016. Now, it's better than ever, ready to help you enhance your trading strategy!

Fig.1. The Elliott_Wave_Oscillator_Sign_Alert indicator on the chart

Fig.2. The Elliott_Wave_Oscillator_Sign_Alert indicator. Generating alerts.

Maximize Your Trading with the Elliott Wave Oscillator Alert Indicator for MetaTrader 5

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