The Quantum Awesome Oscillator indicator is based on the standard Bill Williams Awesome Oscillator (AO) indicator. It consists of two parts. The lower part is the color histogram of the oscillator (divided into two sides – above zero and below zero and, accordingly, painted in two colors – blue for buying and red for selling) and the trend curve line (shows the direction of the global trend). The upper part is arrows showing the entry points to the market, as well as dotted lines showing the levels of stop losses and take profits with corresponding text signatures.
The Quantum Awesome Oscillator indicator uses machine learning. It analyzes historical data, studies them and forms a database of patterns based on statistical indicators. Based on this knowledge, he predicts price behavior in the future and determines the best entry points into the market, as well as potential stop loss and take profit levels, based on the statistical extreme price spread.
When the blue up arrow appears, we open a buy position and set the stop loss and take profit values to the levels indicated by the dotted lines above and below the arrow. Also, in order to earn maximum profit on long trends, it is advisable to close the position in parts: the first part at the take profit level, and the second part – when the opposite signal appears.
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Preload History Bars – the number of bars to preload. *
===== _MACHINE_LEARNING_SETTINGS_ ===== – machine learning settings.
Learn History Bars – the number of bars for learning. *
Learning Depth [1-100%] – the depth of learning. *
Learning Criterion Type – type of learning criterion.
Trend Line Signal Type – the type of signals according to the trend line.
===== _GRAPHICS_SETTINGS_===== – graphics settings.
Paint Arrows – draw arrows.
Paint Stop-Losses – draw stop-losses.
Paint Take-Profits – draw take-profits.
BUY Color – the color of the objects to buy.
SELL Color – the color of the objects for sale.
Trend Line Color – the color of the trend line.
Arrows Width – the thickness of the arrows.
Text Size – the size of the text.
_NOTIFICATIONS_SETTINGS_ – notification settings.
Alert Notification – enable alert notifications.
Push Notification – enable push notifications.
E-Mail Notification – enable email notifications.
* ATTENTION! Increasing the value of this parameter greatly slows down the indicator!
* ATTENTION! Increasing the value of this parameter greatly slows down the indicator!
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