Awesome Technical Analysis & Awesome Trading Signals
Awesome (AO) is a simple moving average from 34 periods, and it is drawn using the midpoints of the bars (H+L)/2, then subtracted from the simple moving average of 5 periods.
Awesome Oscillator Indicator
Index Technical Analysis and How to Generate Trading Signals
Buy Trading Signal
A buy stock signal generated once the oscillator crosses above the Zero line.
Buy Signal
Another signal to buy stock is created when the indicator is above the zero mark and the bar colors change from red to green, with the green bar taller than the red bar, making a V or U shape. The signal is confirmed after three green bars form and shape.
Buy Trading Signal
Sell Signal
A sell stock signal is generated when the oscillator dips below the Zero-line.
Sell Signal
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