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What is the Awesome Oscillator?

The awesome oscillator is a market momentum indicator which compares recent market movements to historic market movements. It uses a zero line in the centre, either side of which price movements are plotted according to a comparison of two different moving averages.

What are the best Awesome Oscillator strategies?

Another method in the list of Awesome Oscillator strategies is the Twin Peaks Strategy. It is a basic trading strategy that looks for double tops in the AO indicator. AO is below 0. Two swing lows of the AO indicator are there, and the 2nd low is higher than the first one. Histogram is green after the 2nd low. AO is above 0.

What is Awesome Oscillator indicator?

Awesome Oscillator indicator (AO), is an oscillator that helps traders to understand the market momentum. This can calculate the momentum in any time frame. This indicator has been designed by Bill Williams of the Profitunity Trading Group. Now, why is the indicator called awesome? What is so special about it?

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