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
XAU/USD 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 signal is generated once the oscillator crosses below the Zero line.
Sell Signal
Learn More Tutorials & Courses:
- XAU/USD Charts Analysis How to Analyze/Interpret XAU/USD Charts
- Example of a Written Gold Schedule
- Islamic Swap Free XAUUSD Account
- How to Display Instruments That are Not Listed in MT4 Trade Platform
- How to Add Trading Bollinger Bands Indicator in Trading Chart
- No Nonsense Trade Strategy Training Courses
- How Do I Trade Fibonacci Extension Levels in XAU USD Trading?
- How Do I Use XAUUSD Learn Gold Platform/Software Guide?
- Meaning of Fib Extension Levels in MetaTrader 4 XAUUSD Trade Software Platform