Awesome Oscillator Metals Analysis & Awesome Oscillator Trading Signals

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

Awesome Oscillator

Metals Trading Analysis & Generating Trading Signals

Buy Trading Signal

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

Buy Trading Signal

Another buy metals 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

Sell Trading Signal

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

Sell Trading Signal