Combining Awesome Oscillator Zero Crosses with Accelerator Signals
Summary
The described expert advisor applies two modified Williams indicators to hourly EURUSD data. It opens a buy when the Awesome Oscillator's green bars cross above zero and the Accelerator Oscillator has produced three consecutive positive green bars. The sell condition mirrors this: red AO bars cross below zero while the AC shows three consecutive negative red bars. The advisor reads indicator buffers and settings through a custom-indicator interface, with the modified indicator files required in the platform's indicators folder.
The document says the system was tested from January 2010 through April 2019, but gives no results, comparison, risk controls, or details about execution assumptions. It therefore documents signal construction and an evaluation period, not evidence of profitability. The rules may also depend on the modified indicators' buffer definitions and bar timing, which are not explained here. Further evaluation would need to account for costs, position sizing, and out-of-sample behavior.
Key ideas
- The strategy combines Awesome Oscillator direction with Accelerator Oscillator confirmation.
- A buy requires an AO upward zero crossing and three consecutive positive AC bars.
- A sell requires an AO downward zero crossing and three consecutive negative AC bars.
- The example uses hourly EURUSD data and reports a test period from January 2010 through April 2019.
- No performance results or execution assumptions are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.