Awesome Oscillator Divergence is a modification of the standard indicator Awesome Oscillator, using complex mathematical algorithms. In addition to the information provided by the original indicator, Awesome Oscillator Divergence by blue lines shows the divergence of prices and indicator`s histogram. On the basis of the divergence indicator Awesome Oscillator Divergence gives signals to enter the market in the form of up and down arrows. According to the author of the arrow drawn only on closed bars and not repainted.
Characteristics of Awesome Oscillator Divergence
- Platform: Metatrader4
- Currency pairs: Major currency pairs
- Trading Time: Around the clock
- Timeframe: M5 and higher (recommended H1)
- Recommended broker: Alpari
As you might guess, opening Buy when the arrow is pointing up and, on the contrary, open Sell, when the arrow points down:
I ndicator of forex divergence Awesome Oscillator Divergence will be an excellent replacement for the standard instrument, but to enter the market for indicator signals need to introduce additional filters.
In the archives Awesome_Oscillator_Divergence.rar:
- Awesome Oscillator Divergence.tpl
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