Forex EA Robot – Omega System v2.0

This EA Omega can trade in two channel BreakNews or WaveFlow. If you set the ChannelStyle parameter to 1 EA will automatically set the support and resistance levels for you. You can increase the range to tell the EA how many candles it should look back to set the levels, the bigger the range – the stronger the levels will be. Also you can adjust the buffer setting, on which depends how often EA will refresh the levels for you. Use 1 if you want to have latest levels on your chart. If you set ChannelStyle to 2, you will be able to set your custom channel. There is a parameter that allows your to set up how wide your channel will be.

This new version is equipped with new feature called EntryMode. You can use this option for both trading styles. It can reverse whole trading system, so you can decide by the market conditions what entry mode fits the best at that moments. So if you set EntryMode = 1 it will trade normally – breakout method, buy if the price is above the green line and sell if under red one. When you set EntryMode = 2 it willreverse the trades, and you will be able to trade bounces and retracements inside the channel.

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