Forex indicator Awesome Oscillator Divergence gives the trader signals to enter the market in the form of arrows, based on the identified price divergences.
Awesome Oscillator Divergence indicator is a modification of the standard Awesome Oscillator indicator using a complex mathematical algorithm.
In addition to the information provided by the original indicator, Awesome Oscillator Divergence displays price divergences and indicator histograms with blue lines. Based on the divergences, the Awesome Oscillator Divergence indicator gives signals to enter the market in the form of up and down arrows. According to the author, arrows are drawn only on closed bars and are not repainted.
The Awesome Oscillator Divergence indicator will be an excellent replacement for the standard instrument; however, additional filters may be used to enter the market to avoid any false signals.
Features of Awesome Oscillator Divergence indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In aodivergence.zip file you will find:
- aodivergence.ex4
Download Awesome Oscillator Divergence indicator for free:
