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Advanced Get Oscillator Indicator (MT4)

The Advanced Get Oscillator MT4 indicator fluctuates above and below its zero level (0.0).

Bars above the zero line are considered to be bullish and currency traders look for buy opportunities.

Bars below the zero line are considered to be bearish and currency traders look for sell opportunities.

The indicator delivers good results if used together with a trend-following indicator such as a moving average or the ADMI trading indicator.

When used together with a trend-following indicator, trade in the direction of the trend as indicated by the trend following indicator.

For example, when the trend is bullish, only take buy trades from the Advanced Get Oscillator (above the zero level).

When the trend is bearish, only take sell trades from the Advanced Get Oscillator (below the zero level).

The indicator is extremely beginner friendly and self-explanatory.

Free Download

Download the advanced-get-oscillator.mq4” MT4 indicator

Indicator Chart (EUR/USD H1)

The EUR/USD H1 chart below displays the Advanced Get Oscillator forex indicator in action.

Basic Trading Signals

Trading the Advanced Get Oscillator goes as follows:

Buy Trade: Open buy order when the purple bars of the advanced get oscillator turn back above the zero line from below (bullish territory).

Sell Trade: Open sell order when the purple bars of the advanced get oscillator turn back below the zero line from above (bearish territory).

Close the open trade at an opposite signal or use your own method of trade exit.

Advanced Get Oscillator and Entry Take Profit Winner Forex Strategy

This MT4 forex strategy combines the momentum reading of the Advanced Get Oscillator Metatrader 4 Forex Indicator with the precise entry arrows from the Entry Take Profit Forex Winner Indicator MT4.

The Advanced Get Oscillator uses a purple histogram to show market bias, with histogram bars above zero indicating bullish momentum and histogram bars below zero indicating bearish momentum.

The Entry Take Profit Winner Indicator adds timely entry signals using blue arrows for buy signals and red arrows for sell signals.

This strategy focuses on trading with the prevailing momentum and catching entries when both indicators align.

It works best on M15 and H1 timeframes where momentum develops clearly.

The method is suitable for traders who want clear trend alignment and precise entry timing.

By following these rules, you enter trades with supporting momentum and a confirmed entry signal, while exiting dynamically when the market begins to reverse.

Buy Entry Rules

  • The Advanced Get Oscillator histogram must be above zero, indicating bullish momentum.
  • The Entry Take Profit Winner Indicator displays a blue arrow, signaling a buy entry.
  • Enter a buy trade at the close of the candle where the blue arrow appears and the histogram remains above zero.
  • Place the stop loss a few pips below the most recent swing low or the nearest support zone.
  • Exit the trade when the Advanced Get Oscillator histogram turns below zero or the arrow changes to red, signaling a reversal.

Sell Entry Rules

  • The Advanced Get Oscillator histogram must be below zero, indicating bearish momentum.
  • The Entry Take Profit Winner Indicator displays a red arrow, signaling a sell entry.
  • Enter a sell trade at the close of the candle where the red arrow appears and the histogram remains below zero.
  • Place the stop loss a few pips above the most recent swing high or the nearest resistance zone.
  • Exit the trade when the Advanced Get Oscillator histogram turns above zero or the arrow changes to blue, signaling a reversal.

Advantages

  • Combines momentum and precise entry signals to avoid weak trades.
  • Dynamic exit rules reduce the need for fixed take profit levels and allow you to ride the trend.
  • Clear histogram above and below zero provides unbiased trend direction.
  • Works on both M15 and H1 timeframes, offering flexibility in trading style.
  • Simple rules make it easy to follow consistently.

Drawbacks

  • Histogram lag can delay recognition of early reversals.
  • Sideways markets may produce smaller gains and require more careful trade selection.
  • Requires discipline to wait for full alignment of both indicators before entry.
  • Wide spread FX pairs can reduce net profit on shorter trades.

Case Study 1 – AUDUSD M15

On AUDUSD in an M15 timeframe, the Advanced Get Oscillator histogram moved above zero, signaling bullish momentum.

Shortly after, the Entry Take Profit Winner Indicator printed a blue arrow.

A buy trade was entered at the close of the signal candle, with the stop loss placed a few pips below the recent swing low.

The trade remained open as the histogram stayed positive, and price rose steadily.

The position was exited when the histogram turned below zero and the arrow changed to red, capturing 28 pips in profit.

Case Study 2 – NZDJPY H1

On NZDJPY in an H1 timeframe, the Advanced Get Oscillator histogram dropped below zero, signaling bearish momentum.

A red arrow from the Entry Take Profit Winner Indicator appeared shortly after.

A sell trade was entered at the close of the signal candle with the stop loss a few pips above the recent swing high.

The trade followed the downward trend and was closed when the histogram turned above zero and the arrow changed to blue, capturing 62 pips as the market reversed.

Strategy Tips

  • Confirm that the histogram is clearly trending above or below zero before entering; avoid trades when it hovers near the zero line.
  • Use multiple timeframes to check overall trend direction; for example, confirm H1 trend before taking M15 entries.
  • Combine this strategy with nearby support and resistance levels to improve entry and exit accuracy.
  • Be patient and wait for both indicators to align; premature entries can result in quick losses.
  • Consider trailing your stop once the trade moves in your favor to protect profits while allowing the trend to continue.
  • Keep an eye on market sessions and volatility; trading during quiet hours can produce choppy signals and false reversals.
  • Limit the number of simultaneous trades to focus on the highest probability setups and manage risk effectively.
  • Review past signals on your chosen pair to understand how the histogram and arrow react to different market conditions.

Download Now

Download the advanced-get-oscillator.mq4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern

Customization options: Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Oscillator

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