Yefekt Oscillator

  • Color-coded trend histogram
  • Identifies bullish/bearish phases
  • Uses +0.5 / –0.5 boundaries
  • Highlights trend reversal zones
  • Simple price-action based tool

Overview

  • The Yefekt Indicator is a practical price-action–based tool that determines bullish vs. bearish trends using colored histogram bars.

  • It analyzes price behavior and plots a histogram around +0.5 (bullish) and –0.5 (bearish) thresholds.

  • Helps traders detect trend reversals, momentum shifts, and continuation patterns.


How the Indicator Works

  • Draws histogram bars based on price action strength and direction.

  • Green bars above +0.5 → bullish zone.

  • Red bars below –0.5 → bearish zone.

  • Bar height reflects trend strength.

  • Consecutive bars in the same direction confirm trend continuation.


Specifications Table Summary

Indicator Categories:

  • Price Action MT4 Indicators

  • Signal & Forecast Indicators

  • Trading Assist Indicators

Platforms: MetaTrader 4 (MT4)
Trading Skills: Elementary
Indicator Type: Reversal Indicator
Timeframes: Multi-Timeframe
Trading Styles: Scalping, Day Trading, Swing Trading
Supported Instruments:

  • Forex

  • Cryptocurrencies

  • Stocks

  • Commodities

  • Indices


Yefekt Indicator at a Glance

  • Displays bullish and bearish trends using colored histogram phases.

  • Provides instant visual confirmation of market direction.

  • Helps traders spot reversal zones, consolidation, or trend continuation.


Bullish Trend Conditions

  • Example: 30-minute AUD/USD chart.

  • Green histogram bars appear above +0.5, confirming bullish momentum.

  • Taller consecutive bars → strong upward continuation.


Bearish Trend Conditions

  • Example: 1-hour Solana (SOL) chart.

  • Red histogram bars form below –0.5, confirming bearish direction.

  • Tall and consecutive red bars indicate strong downward pressure.

Input Settings & Controls

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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