Awesome Oscillator MT5 Indicator Technical Analysis and Signals

Awesome Oscillator 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 Technical Analysis & Generating Signals

Buy Trading Signal

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

Buy Forex Signal

Another buy signal generated when indicator is above the Zero mark & 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 Trading Signal

Sell Forex Signal

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

Sell Trading Signal