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Awesome Oscillator Forex Technical Analysis and Awesome Oscillator Forex Trading Signals

Awesome Oscillator (AO) is a 34-period simple moving average that is plotted through the middle points of the bars (H+L)/2, and then this is subtracted from the 5-period simple moving average.

 

Awesome Oscillator Technical Indicator

Awesome Oscillator

 

Forex Technical Analysis and Generating Forex Trading Signals


Buy signal

A buy signal generated once the oscillator moves above the Zero line.

Technical Analysis of the Awesome Oscillator Indicator Buy signal

Buy Signal

 

Another buy signal generated when indicator is above the Zero mark and the color of the bars change from red to green and the green bar is higher than the red bar forming a V or U shape. The signal is confirmed after three green bars are formed.

buy signal is generated

Buy signal


Sell signal

A sell signal is generated once the oscillator moves below the Zero line.

sell signal is generated by the Awesome Oscillator Indicator

Sell Signal

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