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 Trading Indicator
Technical Analysis and How to Generate Signals
Buy Trading Signal
A buy signal generated once the oscillator trading moves above Zeroline.
Buy Trade 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 Trade Signal
Sell Trade Signal
A sell trading signal gets generated once the oscillator trading moves below the Zero line.
Sell Trade Signal
Learn More Topics & Tutorials:
- How to Calculate Pips For FTSE 100 Indices
- DeMark Trading Indicator
- How is GER30 Indices Traded in the MetaTrader 4 & MetaTrader 5 Platform?
- MT4 Trade Platform & Different MT4 Forex Software Versions for PC and Mobile Phone
- IBEX35 Lot Size Calculator IBEX35 Position Size Calculator IBEX35 Risk Calculator
- HANG SENG 50 Trade Strategy Courses
- How to Calculate GBPDKK Bid Ask Spread
- Gold Templates on Charts Menu in the MetaTrader 4 Trade Platform
- UKX100 Indices Trade Strategy How to Develop Indices Strategy for UKX100
