This is a full strategy designed for gold market using 12h timeframe chart. Its components are: VWAP monthly SMO oscillator MACD histogram Rules for entry: For long: when enter when close of the candle is above vwap monthly, current histogram is higher than the previous one and SMO oscillator is above 0 For long: when enter when close of the candle is below...
Smart Money Oscillator Class : oscillator Purpose : intraday Period : 15 min – 1 hour Idea of the Indicator Smart Money Oscillator is the next step in evolution of oscillators. It uses regression analysis technics to calculate the theoretical price of the asset and compare it with the actual price. This price difference is used to define whether current...