Awesome Analysis & Awesome Signals
The Awesome Oscillator uses a 34-period SMA of bar midpoints, (H+L)/2. Subtract a 5-period SMA from that.
Awesome Oscillator
Technical Analysis and How to Generate Trading Signals
Buy Signal
A buy signal generated/derived once the oscillator moves above Zero-line.
Buy Signal
An additional buy signal is generated when the indicator registers above the Zero benchmark and the bar color shifts from red to green, with the resulting green bar exceeding the height of the prior red bar, forming a V or U configuration. This signal is considered confirmed after three consecutive green bars manifest.
Buy Signal
Sell Trade Signal
A sell trade instruction is formulated and disseminated once the oscillator reading drops beneath the Zero-line.
Sell Trade Signal
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