Author of the Idea: Alex
MQL5 Code Author: barabashkakvn
Looking for a reliable Expert Advisor? Meet Executor AO, designed specifically for MetaTrader 5. This EA leverages the power of the Awesome Oscillator (AO) to make informed trading decisions. It’s compatible with both netting and hedging accounts, ensuring flexibility in your trading strategy. The magic happens when a new bar appears, triggering the EA to evaluate market conditions.
Market Entry Conditions
Before jumping into a trade, the Executor AO checks a few key criteria:
- BUY Signal: AO #0 > AO #1 && AO #1 < AO #2
- SELL Signal: AO #0 < AO #1 && AO #1 > AO #2
Make sure there are no open positions, and that bar #0's indent from zero meets the Minimum indent AO from "0.0" distance. With these conditions in place, Executor AO helps you navigate the market with ease. Happy trading!
Comments 0