Awesome Oscillator Analysis & Awesome Oscillator Signals

Awesome Oscillator (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

Silver Analysis & Generating Trade Signals

Buy Trade Signal

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

Buy Signal

Another buy silver 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 Signal

Sell Signal

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

Sell Trade Signal