In the world of Forex trading, automation has become an essential tool for traders. The AW OsMa EA, an automated trading robot, is designed to facilitate seamless currency trading by leveraging the signals of the standard OsMA indicator. This article provides an in-depth analysis of this Forex trading software, its features, and how it operates.
Understanding the AW OsMa EA
The AW OsMa EA is a Forex trading software that operates on the signals of the standard OsMA indicator. This indicator is calculated as the difference between the values of the MACD oscillator and its signal line. This data is represented on a graph in the form of columns that rise or fall relative to the zero line. The length of the bar is indicative of the strength of the current trend.
Functionality and Features of AW OsMa EA
The AW OsMa EA is equipped with a built-in automatic lot calculation function which is responsible for the multiplication of volumes for opening orders. One of its unique features is the customizable indicator parameters for EA calculations. In addition, it has a trailing system with an adjustable pitch.
The software is suitable for any instruments and any timeframes. The autolot calculation function can be used, and the animation of order volumes can be seen. However, it is important to note that the EA does not display an indicator.
Trading Strategies and Market Entry
AW OsMa EA uses specific strategies for market entry. A buy order is initiated after the candle closes, once the OsMA histogram crosses the zero level upwards. A sell order, on the other hand, is opened after the first bar of the histogram appears below zero, signaling a fall in the market.
Exiting from a Position
After an order is opened, if the position moves in a profitable direction, the trailing stop is activated and the position is closed using the smart trailing system. If the position moves into a loss-making direction, the software applies the averaging function using pending orders.
Input Variables and Protection Settings
The AW OsMa EA has several input variables and protection settings. These include the size of the first order, fast and slow moving average periods, and the period of the signal moving average. It also includes protection settings such as maximum allowable slippage and spread for opening orders, and the maximum volume for one order.
FAQ Section
The AW OsMa EA comes with a FAQ section to help users understand the software better. This section provides information on the advisor settings, including orders magic number, comments of the EA’s orders, and the ability to open different types of orders.
Independent testing of the AW OsMa EA can be viewed on forexroboteasy.com. Users can also subscribe to updates on the testing results of this product. If you are a user of the AW OsMa EA, feel free to share your experience using this product.
Please note that this is an independent product review of the AW OsMa EA. It is not associated with the product or its creators.
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