Awesome Indicator MT5 Indicator Analysis & Signals

Awesome Indicator MT5 Indicator (AO) is a 34-period simple moving average that is drawn through the middle points of the bars (H+L)/2, and then this is subtracted from the 5-period simple moving average.

Awesome Oscillator

FX Analysis & Generating Signals

Buy Trade Signal

A buy signal generated once the oscillator MT5 indicator MT5 indicator moves above the Zero line.

Buy Signal

Another buy signal generated when indicator is above the Zero mark and the color of the bars change from red to green & the green bar is higher than the red bar forming a V or U shape. Signal is confirmed after three green bars are formed.

Buy Signal

Sell Signal

A sell signal is generated once the oscillator MT5 indicator MT5 indicator moves below the Zero line.

Sell Trade Signal