F2a_AO - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

It is based on the Filtr_AO indicator, which has been shared on KROUFR. Modified to output arrows on the chart. Added ability to output signals for alerts and annotations (set true/false in external variables). Just like any other arrow indicator trying to catch signals within the zero bar, the indicator "trembles" and the arrow appears/disappears. The price at which the last signal occurred is stored both in comments and in alerts. The appearance of an arrow should probably not be used as an entry signal, but as a sign of the emergence of a level, the price of which is reflected in comments and alerts, and entry after a confirmed breakout of that level. Ask and Bid prices are output to alerts, comments are Bid only. The F2a_AO indicator requires a compiled NavelEMA.mq4 file.
EURUSD and GBPJPY only "lag" in Q4.

Attachment download

📎 F2a_AO.mq4 (3.9 KB)

📎 NavelEMA.mq4 (2.13 KB)

Source: MQL5 #8692