Awesome Oscillator Silver 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 Indicator

Awesome Oscillator

Silver Analysis & Generating Trade Signals

Buy Trade Signal

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

How Do I Place XAGUSD Awesome Oscillator Indicator on XAGUSD Chart?

Buy Trading Signal

Another buy silver 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 is generated - How to Generate Trading Signals Tutorial for Beginners