Awesome Indicator Analysis & Awesome Indicator Trading Signals
Awesome Technical Indicator (AO) is a 34-period simple moving average MA that's drawn through the middle 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 moves above the Zero-line.
Buy Trading 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 moves below the Zero line.
Sell Signal
Learn More Tutorials & Courses:
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