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Trading indicators are the most popular tools that traders can use for trading, so it is not surprising that a vast number of trading strategies are based on them. Without them the modern trading almost loses its meaning.
It might seem that some indicators, which are a fundamental part of the Metatrader platform, are themselves meaningless and completely unnecessary. However, this is not the case! And to prove it, we have selected the indicator, some might say godforsaken, which, when used correctly, can bring extra profit to every trader without exaggeration.
Strategy entry rules
Entering long positions
-the value of the indicator passes through the zero bound from bottom to top
Entry into short positions
-the value of the indicator passes through the zero bound from top to bottom
In the chart below, we have highlighted 3 sections where the trend conditions changed and it was possible to move from one trading position to another. With the OsMA strategy, it is important to wait for the indicator values to go from positive to negative, or vice versa, at which point it is possible to start both exiting the currently open positions and then entering the opposite positions.
When trading a strategy based on the basic OsMA indicator it is possible to achieve a success rate of more than 60% in the long term, but on some currency pairs it is possible to achieve success rates of 20-30% higher.
