About the Glasneba Oscillator Indicator
The Glasneba Oscillator for MT4 is a momentum-based trading tool that appears in a separate chart window.
It does not have fixed upper or lower limits, making it ideal for trend detection and entry timing.
The oscillator measures market momentum, helping traders identify potential buy and sell zones with ease.
A rising oscillator above zero indicates bullish momentum, while a declining oscillator below zero signals bearish pressure.
It can be used for both scalping and intraday trades or as a confirmation tool alongside other strategies.
The simplicity of the signals makes it suitable for both beginners and experienced traders.
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Download the “glasneba.mq4” indicator for MT4
Key Features
- Oscillator plotted in a separate MT4 window
- No fixed upper or lower boundaries
- Indicates trend direction and momentum strength
- Signals trade when crossing or moving above/below zero
- Suitable for scalping, day trading, and trend confirmation
- Easy to read and beginner-friendly
Indicator Chart
The chart example shows the Glasneba Oscillator applied to an MT4 chart.
The oscillator crossing above zero or staying above it indicates bullish momentum.
Crossing below zero or moving downward signals bearish momentum.
Traders can use these signals to enter, exit, or confirm positions.
Guide to Trade with the Glasneba Oscillator
Buy Rules
- Enter a buy trade when the oscillator crosses above zero
- Confirm upward momentum if the oscillator is clearly above zero and rising
- Exit or reverse position if the oscillator moves below zero
Sell Rules
- Enter a sell trade when the oscillator crosses below zero
- Confirm downward momentum if the oscillator is clearly below zero and falling
- Exit or reverse position if the oscillator moves above zero
Stop Loss
- For buy trades, set the stop below the last pullback
- For sell trades, set the stop above the last pullback
- Adjust for volatility
Take Profit
- Close the trade when the oscillator crosses zero in the opposite direction
- Take partial profits at nearby support or resistance levels
- Consider using a trailing stop to capture extended trends
Practical Tips
- Trade in the direction of the oscillator slope for stronger momentum
- Use higher timeframes to confirm the main trend
- Avoid trading when the oscillator moves sideways near zero
- Focus on currency pairs with clear trending behavior for better signals
Download Now
Download the “glasneba.mq4” indicator for MT4
Glasneba + Simpler Trend Scalping Strategy for MT4
This MT4 scalping strategy combines the Glasneba Oscillator with the Simpler Trend Indicator.
The Glasneba Oscillator gives clean momentum-based signals around the zero line, while the Simpler Trend colors candles to show the prevailing trend.
Together, they create a clear and simple system for high-probability scalping trades.
This system works best on 1-minute to 15-minute charts and is ideal for traders who like quick trades with tight risk control.
It suits both beginners who want clear rules and experienced scalpers who need fast decisions.
Focus on major pairs with low spreads, such as EUR/USD, GBP/USD, USD/JPY, or AUD/USD, and apply strict money management.
Why this combo works
The Glasneba Oscillator identifies momentum shifts with a simple above/below zero rule.
The Simpler Trend indicator shows trend direction by coloring candles.
When both indicators agree, you trade with momentum and trend instead of against the market.
This alignment filters out many false signals and keeps losses small.
Buy Entry Rules
- Glasneba Oscillator crosses above zero or is clearly above zero and rising.
- Simpler Trend shows green candles (bullish trend) on the same timeframe.
- Enter at the close of the candle that confirms both conditions.
- Stop loss: place 6–12 pips below the entry on 1M–5M, or 12–25 pips on 15M, depending on pair volatility.
- Take profit: target 8–20 pips on 1M–5M, or 20–40 pips on 15M. Use a 1:1.5 or 1:2 RR if possible.
- Optional: trail stop to breakeven after +6 pips to protect the trade.
Sell Entry Rules
- Glasneba Oscillator crosses below zero or is clearly below zero and falling.
- Simpler Trend shows red candles (bearish trend) on the same timeframe.
- Enter at the close of the candle that confirms both conditions.
- Stop loss: place 6–12 pips above the entry on 1M–5M, or 12–25 pips on 15M.
- Take profit: target 8–20 pips on 1M–5M, or 20–40 pips on 15M.
- Optional: move stop to breakeven after +6 pips and trail for bigger moves.
Advantages
- Simple rules that are easy to follow under pressure.
- Combines momentum and trend, which reduces whipsaws.
- Works on multiple timeframes so you can scalp or take slightly longer intraday trades.
- Clear entries and exits make it easy to backtest and journal results.
Drawbacks
- Needs low spreads and fast execution to make scalping feasible.
- Performance degrades during high-impact news events.
- Requires discipline to stick to small targets and not overtrade.
Example Case Study 1 — EURUSD, 5-Minute (Scalp)
Timeframe: 5M. Pair: EURUSD. Session: London open.
At 08:20, the Glasneba oscillator crossed cleanly above zero, and momentum rose.
Simpler Trend showed consecutive green candles for three candles.
Entry: buy at 1.1024 on the close of the confirming candle.
Stop loss: 1.1012 (12 pips). Take profit: 1.1036 (12 pips) for a 1:1 RR.
Trade closed at target for +12 pips.
The reason it worked: momentum and trend aligned, and price broke a short resistance bar.
Example Case Study 2 — GBPUSD, 1-Minute (Quick Scalping)
Timeframe: 1M. Pair: GBPUSD. Session: New York overlap.
Glasneba was above zero and spiked higher after a bullish candle.
Simpler Trend flipped to green, and the next candle closed bullish.
Entry: buy at 1.2710. Stop loss: 1.2704 (6 pips). Take profit: 1.2720 (10 pips). Result: +10 pips.
Trade used a tight stop and a quick exit when momentum slowed.
Strategy Tips
- Use small lot sizes and cap daily risk to a fixed percent of account equity.
- Avoid trading within 5 minutes of major news releases.
- Prefer pairs with spreads below 3 pips for this scalping method.
- If Glasneba and Simpler Trend disagree, skip the trade. Patience is key.
- Backtest on each pair and timeframe for at least 20 trades to get realistic win rates.
- Consider trading only in the higher liquidity hours: London and New York overlap.
FAQ
Which timeframe is best for this indicator?
It works on all timeframes. Lower timeframes suit scalping, while H1 and H4 charts are better for day trading and trend analysis.
Can I combine it with other indicators?
Yes. Trend-following tools, moving averages, or support/resistance levels can be used to confirm signals.
How do I know when to exit a trade?
Exit or reverse positions when the oscillator crosses zero in the opposite direction or momentum starts to weaken.
Summary
The Glasneba Oscillator for MT4 is a simple yet effective tool for identifying momentum shifts and trading trends.
Its zero-based oscillator provides clear buy and sell signals suitable for scalping and day trading.
The indicator works well when combined with trend-following tools like moving averages or price channels.
This combination improves signal reliability and helps traders align entries with the overall market direction.
With proper risk management, the Glasneba Oscillator can enhance any MT4 trading strategy.
