MT4 Moving Average Of Oscillator 1.0

The Moving Average of Oscillator (M.A.O.) indicator is a useful and popular free Forex indicator for MT4. It measures the difference between two moving averages and can be used to identify short-term trends. The indicator plots two lines on the chart, the first being the actual moving average of the oscillator and the second being the signal line. When the two lines diverge, it indicates that the trend is changing and can signal a buy or sell entry. With its simple yet effective approach, the M.A.O. indicator is a great choice for Forex traders of all levels.