OsMA - MACD Histogram Core (MT4)

OsMA (Oscillator of Moving Average) is essentially the MACD histogram: OsMA = MACD - Signal. It shows momentum pushes around the zero line, making cross, divergence, and slope changes easy to read on MetaTrader 4.

What it shows

• Zero line context: above zero - bullish pressure, below - bearish pressure.
• Bars expanding - strengthening impulse; contracting - fading move.
• Cross of zero - momentum regime change.
• Optional alerts on zero cross, slope flip, new extremes.

Trade ideas

1. Zero cross with structure: enter with trend when OsMA crosses above zero and price holds HH-HL (or below zero with LL-LH).
2. Pullback confirmation: buy pullbacks while OsMA stays above zero - sell pullbacks while it stays below.
3. Divergence: price makes HH but OsMA fails - consider scale out; LL vs higher OsMA - consider reversal.
4. Multi-TF alignment: higher TF above zero plus lower TF cross gives cleaner timing.

Inputs that matter

• Fast EMA, Slow EMA, Signal MA periods used inside MACD.
• MA method and price source.
• Alerts settings.

Suggested usage

• M5-M15: momentum cross and pullback filter.
• M30-H4: trend following and divergence.
• Daily+: bias filter and swing timing.

Installation (MT4)

1. Open MetaTrader 4 - File - Open Data Folder.
2. Copy OsMA Indicator.ex4 to MQL4/Indicators.
3. Restart MT4 or refresh Navigator and attach OsMA.
4. Adjust inputs - OK.

FAQ

Does it repaint? No on closed bars.
Use in EAs? Yes, via iCustom.
Markets? FX, indices, metals, crypto - anything on MT4.

Disclaimer: Always test on a demo first; risk management matters.