Awesome Oscillator Stock Indices Technical Analysis & Awesome Oscillator Stock Indices 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
Stock Indices Technical Analysis & Generating Indices Signals
Buy Trading Signal
A buy signal generated once the oscillator moves above Zeroline.
Buy Indices Signal
Another buy signal generated when indicator is above the Zero mark and the color of the bars change from red to green & the green bar is higher than the red bar forming a V or U shape. Signal is confirmed after three green bars are formed.
Buy Trading Signal
Sell Trading Signal
A sell signal is generated once the oscillator moves below the Zero line.
Sell Stock Indices Signal