Awesome Indicator Technical Analysis & Awesome Indicator Trading Signals
Awesome Indicator (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 Indicator
Indices Technical Analysis and How to Generate Signals
Buy Signal
A buy stock signal generated once the oscillator moves above the Zero line.
Buy Trade Signal
Another buy stock signal generated when indicator is above the Zero mark and 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 Trading Signal
Sell Trade Signal
A sell stock signal is generated once the oscillator moves below the Zero line.
Sell Signal
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