The technical indicator MT4 4 time frame nmc Awesome Oscillator is a multi timeframe indicator to simultaneously establish the direction of the trend on 4 different time frames.
The trading signals (buy / sell) generated are based on the histogram of an Awesome Oscillator indicator
Use multiple time frame to identify the general trend of short-term market and the long term and help to anticipate the entry points and exit trades with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 Minute
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
An alert system per message, sound or email can be configured optional
version supports Metatrader MT4 Build and B600 (nmc: New metatrader compliant)
included
4 time frame awesome oscillator nmc.mq4
Broker Online - Broker Exchange : platform MT4 Trading Metatrader
Interpretation Rules - signals From Trading
For the corresponding time frame
* signal purchase : bull market trend
. Formation of a square 4 time frame Awesome Oscillator positive nmc green: Awesome histogram above level 0 - Trend bullish on the corresponding time frame
. All squares are positive - Strong uptrend
* Selling signal: bear market trend
. Formation of a square 4 time frame Awesome Oscillator negative red: Awesome histogram below the level 0 - Trend bearish on the corresponding time frame
. All squares are negative - Strong bearish trend
Read more about the rules and trading signals:
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time unit - time Frame: 30 Minutes M30
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