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Published by:: Vladimir Karputov
Views:: 7153
Rating:: (18)
Published:: 2019.01.02 14:34

Day Trading PAMXA.mq5 (72.85 KB) view

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Idea by PAMXA

mq5 code author - barabashkakvn

The strategy is based on signals generated by two indicators calculated on different timeframes: iAO (Awesome Oscillator, AO) on the D1 TF and iStochastic (Stochastic Oscillator, Stoh) on H1.

The signal is formed in two steps. Example of a BUY signal:

Step one. On the higher timeframe, wait for the iAO to cross "0.0" on the bar #1
Step two. Start searching for a moment when iStochastic on the bar #1 at a lower TF falls below the specified level of "-20.0"

Day Trading PAMXA

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23201

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Day Trading PAMXA - expert for MetaTrader 5