Awesome MT4 Stock Indexes Indicator and Awesome MT4 Indicator Indices Trading Signals
Awesome MT4 Indices Indicator (AO) is a 34-period simple moving average that is drawn through the middle points of the bars (H+L)/2, and then this is subtracted from the 5-period simple moving average.
Awesome MT4 Stock Indexes Indicator
MT4 Indices Technical Indicator and Generating Indices Trading Signals
Buy signal
A buy stock indices signal generated once the MT4 Indices Indicator moves above the Zero line.
Buy Indices Trading Signal
Another buy stock indices signal generated when MT4 Indices Indicator is above the Zero mark and the color of the bars change from red to green and the green bar is higher than the red bar forming a V or U shape. The signal is confirmed after three green bars are formed.
Buy signal
Sell signal
A sell stock indices signal is generated once the MT4 Indices Indicator moves below the Zero line.
Sell Indices Trading Signal
