AO Lightning - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources
The EA uses the momentum oscillator. Orders are opened on each bar and closed in groups based on opposite signals. This indicator is calculated in the code to be able to change the optimization cycle.
Buy signal : The histogram moves down and turns red, and the second column is higher than the first.
Sell signal : The histogram moves up and turns green, and the second column is lower than the first.
Test EURUSD, H1.
Attachment download
📎 ao_lightning.mq5 (12.06 KB)
Source: MQL5 #20672
AO Lightning - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
AO Lightning - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
