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A buy (sell) signal is generated when the histogram crosses the zero line from below / above (pic.1).
Place a Buy Stop (Sell Stop) one tick above the high of the price bar (below the low of the price bar) that corresponds to the first bar that crosses the zero line.
If there is a buy signal, histogram “B” bar (a signal one) is green, if there is a sell signal it is red.
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Picture 1. Awesome Oscillator (AO): buy/sell signals
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+7 (495) 710-76-76
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© 1998—2009 «Alpari» |
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