The Awesome Oscillator (AO) is an indicator that attempts to gauge whether bearish or bullish forces are currently driving the market. It does this by effectively comparing the recent market momentum, with the general momentum over a wider frame of reference.
AO can be calculated using the difference of a 34 Period and 5 Period Simple Moving Averages.
The most straightforward signal generated by the Awesome Indicator is the Zero Line Cross. This is simply when the AO value crosses above or below the Zero Line. This indicates a change in momentum.
When AO crosses above the Zero Line, short term momentum is now rising faster than the long term momentum. This can present a bullish buying opportunity.
When AO crosses below the Zero Line, short term momentum is now falling faster than the long term momentum. This can present a bearish selling opportunity.
Easy Awesome Oscillator provides a comprehensive dashboard that allows you to view the Awesome Oscillator Zero Line crossover signals of multiple instruments across 6 timeframes (M5, M15, M30, H1, H4, D1) at one glance. In this way, you do not miss out any trading opportunities even on the go.
Below are some of the key features of the app.
- Timely display of Awesome Oscillator Zero Line crossover signal of multiple instruments across 6 timeframes (lower timeframes signals are only available for subscribers)
- Timely push notification alert of Awesome Oscillator Zero Line crossover signal of your favourite instruments on your watch list,
- Display headline news of your favourite instruments,
- Economic Calendar of upcoming events
Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us, kindly consider subscribing to Easy Awesome Oscillator Premium. This subscription removes all advertisements within the app, allows you to access the signals of all 6 timeframes and support our development of future enhancements.
To learn more about us and our products, please visit www.easyindicators.com .
For technical support / enquiries, email our technical support team at email@example.com
Join our facebook fan page.
Follow us on Twitter (@EasyIndicators)
*** IMPORTANT NOTE ***
Please note that updates are not available during weekend.
Forex trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Trading involves substantial risk of loss and is not suitable for all investors.
EasyIndicators has taken great measures to ensure the accuracy and timeliness of the information in the application, however, does not guarantee its accuracy and timeliness, and will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information, inability to access the information, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this application.
The Application Provider (EasyIndicators) reserves the rights to stop the service without any advance notification.
Shop your favorite products and we’ll find the best deal with a single click. Designed to make shopping easier.