Awesome Oscillator XAUUSD Analysis and Awesome Oscillator XAUUSD Signals
Awesome Oscillator (AO) is a 34-period simple moving average that's drawn through the middle points of the bars (H+L)/2, & then this is subtracted from the 5-period simple moving average MA.
Awesome Oscillator Trading Indicator
Gold Technical Analysis & Generating XAUUSD Signals
Buy Signal
A buy trade signal generated once oscillator technical moves above the Zero-line.
Buy Trade Signal
Another buy signal generated when indicator is above the Zero mark and the colour 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 3 green bars are formed.
Buy Trading Signal
Sell Trade Signal
A sell trade signal is generated once the oscillator technical moves below the Zero line.
Sell Trade Signal
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