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MetaTrader 5 Expert Advisor | Day Trading PAMXA

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"

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