I want to know how "Awesome Oscillator" Indicator work in FOREX?
I do forex, and i dig out and find Awesome Oscillator (AO) , and read something like it, but it is not complete and it is useless, if you can please comfort me.
Answers:
First of adjectives, if you do Forex you should not rely contained by precise analysis (if the market are streamlined hi-tech analysis does not work, and if they are not restructured... do you really would want to do Forex? Anyway here is your answer
Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the middle points of the bar (H+L)/2, which is subtracted from the 5-period simple moving average, built across the internal points of the bar (H+L)/2. It shows what’s up to the souk driving force at the present moment.
Signals to buy:
Saucer, Nought column crossing, Two pikes
Signals to get rid of are compatible to the signals to buy. The saucer signal is reversed and is below nil. Nought rank crossing is on the trim down — the first column of it is over the nought, the second one is lower than it. The two pikes signal is high than the nought queue and is reversed too.
You can read a detailed model at http://www.smrussell.net/papers/stockfra...
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Answers:
First of adjectives, if you do Forex you should not rely contained by precise analysis (if the market are streamlined hi-tech analysis does not work, and if they are not restructured... do you really would want to do Forex? Anyway here is your answer
Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the middle points of the bar (H+L)/2, which is subtracted from the 5-period simple moving average, built across the internal points of the bar (H+L)/2. It shows what’s up to the souk driving force at the present moment.
Signals to buy:
Saucer, Nought column crossing, Two pikes
Signals to get rid of are compatible to the signals to buy. The saucer signal is reversed and is below nil. Nought rank crossing is on the trim down — the first column of it is over the nought, the second one is lower than it. The two pikes signal is high than the nought queue and is reversed too.
You can read a detailed model at http://www.smrussell.net/papers/stockfra...