Awesome Indicator Analysis & Awesome Indicator Signals
Awesome Indicator (AO) is a 34-period simple moving average that is plotted through the middle points of the bars (H+L)/2, & then this is subtracted from the 5-period simple moving average.
Awesome Oscillator
Technical Analysis and How to Generate Signals
Buy Trading Signal
A buy signal generated once the oscillator moves above Zeroline.
Buy Signal
Another buy signal generated when indicator is above the Zero mark & the colour of the bars change from red to green & 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
Sell Signal
A sell signal gets generated once the oscillator moves below the Zero line.
Sell Trade Signal
