Awesome Oscillator XAUUSD Analysis and Awesome Oscillator XAUUSD Signals
Awesome Oscillator (AO) is a 34-period simple moving average that's drawn through the mid points of the bars (H+L)/2, & this then 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 derived & generated once oscillator technical crosses above 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 gets confirmed after 3 green bars are formed.
Buy Signal
Sell Trade Signal
A sell trade signal is derived and generated once the oscillator technical crosses below Zero-line.
Sell Trade Signal
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