Awesome Oscillator Forex Trading Technical Analysis & Awesome Oscillator Signals
Awesome Oscillator (AO) is a 34-period simple moving average that is plotted through the middle points of the bars (H+L)/2, and then this is subtracted from the 5-period simple moving average.
Awesome Oscillator
Forex Analysis and Generating Signals
Buy Trading Signal
A buy signal generated once the oscillator moves above Zeroline.
Buy 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 Signal
A sell trading signal is generated once the oscillator moves below the Zero line.
Sell Trading Signal
