1 Topic by GD (edited by GD 2015-11-11 06:05:24)

  • GD
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Topic: What is the difference between indicator falls and changes downward?

Dear Mr. Popov

I use Awesome Oscillator for exit condition. I use version 31.

What is the difference, between "AO Falls" and "AO changes its direction downward"?

This is my result for exit with AO changes its direction downward
http://s17.postimg.org/wfp9aji5n/image.jpg

This is my result for exit with AO falls
http://s17.postimg.org/njeh6lrjf/image.jpg

Some bug in graph maybe?

Thanks in Advance

  • Popov
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Re: What is the difference between indicator falls and changes downward?

We can probably explain your result if you publish a strategy.

Is AO the only Closing Logic condition?

See the indicator range on the right side of the chart. Is the range too low?
A "fall" or "direction change" needs minimum 0.000001 difference between the values.

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3 Reply by GD (edited by GD 2015-11-11 08:13:56)

  • GD
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Re: What is the difference between indicator falls and changes downward?

Yes it is
I Attach the strategy

"AO Falls" and "AO changes its direction downward" are different selections in this indicator
The result is different.

I cannot understand the difference between these two selections.

What are the logics behind them?

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Strategy EURUSD H1 1.xml 16.79 kb, 3 downloads since 2015-11-11 

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  • Popov
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Re: What is the difference between indicator falls and changes downward?

"Indicator rises"
For long positions: - sends a signal every time when the current indicator value is higher than the previous value.
For short positions:  - sends a signal every time when the current indicator value is lower than the previous value.

"Indicator falls"
For long positions: - sends a signal every time when the current indicator value is lower than the previous value.
For short positions:  - sends a signal every time when the current indicator value is higher than the previous value.

"Indicator changes its direction upward"
For long positions: - sends a signal when the current indicator value is higher than the previous value and the previous value was lower than the value before the previous value.
For short positions:  - sends a signal when the current indicator value is lower than the previous value and the previous value was higher than the value before the previous value.

There must be at least 0.000001 difference between the values in order to detect rise, fall, change direction.

The AO indicator changes in a very narrow range because both MAs has very small difference of their periods.

If you change the periods to 15 and 25, you'll see the difference more clear.

http://s13.postimg.org/63yrlwooz/2015_11_11_10_07_37.jpg

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5 Reply by GD (edited by GD 2015-11-11 09:44:12)

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Re: What is the difference between indicator falls and changes downward?

Thanks a lot.
My confusion was created because of small difference between the 2 MAs.