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What indicators are used with the Awesome Oscillator?

A popular technical analysis indicator used with the awesome oscillator is the Moving Averaged Convergence Divergence (MACD) indicator. Both the Awesome Oscillator and MACD use moving averages to determine market momentum, but they track these averages in different ways.

What is MACD & Awesome Oscillator?

The MACD and Awesome Oscillator are versatile indicators that can be used in different timeframes and currency pairs, which makes them suitable for both short-term and long-term trading strategies. The MACD and Awesome Oscillator provide complementary information, which can help traders confirm the direction of the trend and momentum of the market.

Should I use the MACD Stock Indicator with the Awesome Oscillator?

We prefer combining the MACD stock indicator with the Relative Vigor Index or with the Awesome Oscillator may . The RVI and the AO do not diverge greatly from the moving average convergence. RVI and AO are less likely to confuse you, yet provide the necessary confirmation to enter, hold or exit a position.

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