Awesome Analysis & Awesome Signals
Awesome (AO) is a 34-period simple moving average that is plotted through the middle points of the bars (H+L)/2, and this then is subtracted from the 5-period simple moving average.
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
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 gets to be confirmed after 3 green bars are formed.
Buy Signal
Sell Trade Signal
A sell trading signal gets derived & generated once the oscillator goes below the Zero-line.
Sell Trade Signal
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