Awesome Oscillator Trader - MetaTrader 4 Expert - MT4/MT5 Resources







This EA uses the modified Momentum Oscillator (AO) indicator. When the negative AO green bar appears, a continuous negative red bar that generates a buy signal is generated. A sell signal is generated when a positive AO red bar appears after consecutive positive green bars. Stochastics and Bollinger Bands are also used as trade entry filters. Open trades can be closed based on AO bar color reversal. The red/green (up/down) indicator uses the iCustom() function to access the buffer and fast/slow AO cycles in the EA. AwesomeV2.mq4 should be placed in the Indicators folder. This EA uses the H4 EURUSD chart and was tested from January 2010 to April 2019.

Attachment download
📎 awesomeosctrader.mq4 (49.33 KB)
📎 awesomev2.mq4 (3.43 KB)
Source: MQL5 #25452
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