IdeaΒ byΒ
mq5 code authorΒ –Β
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”