The Awesome Oscillator is an indicator used to measure market momentum. AO calculates the difference of a 34 Period and 5 Period Simple Moving Averages. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. AO is generally used to affirm trends or to anticipate possible reversals.
The Awesome Oscillator is designed to have values that fluctuate above and below a Zero Line. The generated values are plotted as a histogram of red and green bars.
Awesome Oscillator Signals to Enter the Market
- Zero Line Cross
- Two pikes
The Expert Advisor does NOT use hedging, martingale, grid strategies, arbitrage, etc.
The Expert Advisor works with Stop loss, The Awesome oscillator indicator and Trailing Stop.
The Awesome Oscillator indicator of Expert Advisor is optimized for trading on the EURUSD, GBPUSD, USDJPY, EURJPY pair. The adviser can also work on other currency pairs.
- Complex Algorithm;
- Advanced Technology;
- money management system;
- no martingale, no grid, no arbitrage;
- easy to set up.
- Needed 1:100 leverage as a minimum.
- Platform: MT4;
- Broker with fast execution.
- VPS is recommended.
- Five-digit accounts.
- TrailingStar - distance between open price and current price to start trailing.
- TrailingStop - trailing stop.
- TrailingStep - trailing step.
- Stoploss - order stop loss.
- Risk - ratio of Account Balance to trade.
- Slippage - permissible slippage.
- MaxSpread - maximum value of the current spread.
- Min_Margin_level - minimal account margin level in percentage for no transactions.