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Pivot Mean Oscillator (PMO) is a unbounded zero-centered oscillator that provides a quick and normalized measure of divergence between two spreads. Detailed description of the mathematical formulation along with some comments and experiments can be found in this article .
Trading aspects
This version of PMO is tuned on spreads relative to Close and Open price signals against their cumulative moving average (CMA). Positive PMO(m,n) values means that last (normalized) m Close prices are higher
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Heraclitus is a trend-following intraday trading robot engineered to find promising reversal points to enter the market. This product works with EURUSD symbol on M1 timeframe and MUST NOT be used in combination with others EA on the same account to avoid interferences in automatic trading decisions. KEY FEATURES Fully-automated Autolots Trailing stop Flexibile trade management Works also with minimum lot size Risk can be controlled by input parameters
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