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, and 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 and 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 Trading Signal
Sell Signal
A sell signal gets generated once the oscillator moves below the Zero line.
Sell Trade Signal
