Elliott_Wave_Oscillator_Sign - MetaTrader 5 script

Semaphore based signal indicator Elliott Wave Oscillator Indicator Algorithm.

Input parameters:

 //+------------------------------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------------------------------+
Input ENUM_MODE mode=MODE1; //Signal definition algorithm
Enter Smooth_Method MA_Method1=MODE_SMA_; //Averaging method of the first moving average line
Enter the integer length 1= 5 ; //Depth of the first moving average line
Enter integer stage 1= 15 ; //parameters of the first moving average,
//---- For JJMA in the range of -100 ... +100, it will affect the quality of the transition process;
//----For VIDIA, it is the CMO cycle, for AMA, it is the slow average cycle
Enter Applied_price_IPC1=PRICE_MEDIAN_; //First MA price constant
Enter Smooth_Method MA_Method2=MODE_JJMA; //The second MA averaging method
Enter the integer length 2= 35 ; //The depth of the second MA
Input integer stage 2= 15 ; //parameters of the second MA,
//---- For JJMA in the range of -100 ... +100, it will affect the quality of the transition process;
//----For VIDIA, it is the CMO cycle, for AMA, it is the slow average cycle
Enter Applied_price_IPC2=PRICE_MEDIAN_; //The second MA price constant
Enter integer shift = 0 ; // indicator moves horizontally (in bars)
input boolean sign = true ; // activate one-shot audio signal when arrow appears on closed bar