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- Published by:
- Vladimir Karputov
- Views:
- 3478
- Rating:
- Published:
- 2018.12.18 19:09
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Author of the idea: Alex
MQL5 code author: barabashkakvn
Expert Advisor based on iAO (Awesome Oscillator, AO). The EA works on netting and hedging accounts. The market entry/exit conditions are checked only when a new bar appears.
Market entry conditions
There should be no open positions, bar #0 indent from zero should be at the Minimum indent AO from "0.0" distance. In addition, the indicator should have a bend:
- BUY signal: AO #0 > AO #1 && AO #1 < AO #2
- SELL signal: AO #0 < AO #1 && AO #1 > AO #2
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22613
