Awesome Indicator Analysis & Awesome Indicator Trading Signals

Awesome 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

XAUUSD Analysis and How to Generate Signals

Buy Trade Signal

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

Buy Signal

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

Sell Trading Signal

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

Sell Trade Signal