Awesome Oscillator Energies Technical Analysis & Awesome Oscillator Trading Signals

Awesome Oscillator (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

Technical Analysis & How to Generate Trading Signals

Buy Trading Signal

A buy signal generated once oscillator moves above Zeroline.

Buy Trading Signal

Another buy signal generated when indicator is above the Zero mark and the color of the bars change from red to green and 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 Trading Signal

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

Sell Trading Signal