Awesome Indicator Analysis & Awesome Indicator Trade Signals

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

Awesome Oscillator

XAUUSD Analysis and How to Generate Signals

Buy Trade Signal

A buy signal generated once oscillator trading crosses above the Zero line.

Buy Signal

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

Sell Trading Signal

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

Sell Signal

Learn More Tutorials & Courses:

• XAUUSD Charts Analysis How to Analyze XAUUSD Charts
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