Awesome Bitcoin Analysis & Awesome Trading Signals
The Awesome Oscillator (AO) is calculated using a 34-period simple moving average that is plotted through the midpoints of the bars (H+L)/2, and then this value is deducted from the 5-period simple moving average.
The Awesome Oscillator indicator explained.
BTCUSD Analysis & Generating Signals
Buy Signal
A buy cryptocurrency signal generated once the oscillator goes above the Zero line.
Buy Signal
An additional favorable signal to buy cryptocurrency is generated when the indicator is situated above the Zero mark, and the bar color transitions from red to green, provided the resulting green bar surpasses the height of the preceding red bar, forming a 'V' or 'U' shape. Confirmation of this signal occurs subsequent to the formation of three consecutive green bars exhibiting this shape.
Buy Signal
Sell Trading Signal
A sell signal for cryptocurrency is generated when the oscillator dips below the zero line.
Sell Trading Signal
Find Additional Classes and Courses:
- How Do I Analyze Fibonacci Pullback Levels BTC USD Trade Analysis?
- How to Set a Buy Stop BTC USD Trade Order on Platform Software
- How to Start Trade Beginners Guide Tutorial
- How Do I Analyze Bear Pennant Setup?
- How Do I Interpret Trade Candlestick Pattern Strategies?
- How Do You Trade BTC USD in MT5 Platform?
- What's the Difference Between Support and Resistance Level?
- BTC USD Trade Moving Average Technical Analysis
- Save BTCUSD Chart Templates on MT5
- How Much Capital Does it Cost to Open a Mini BTCUSD Trade Account?
