The Awesome Oscillator (AO) is an indicator that makes an attempt to gauge whether bearish or bullish forces are presently driving the market. It does this by effectively comparing the latest market momentum, with the general momentum over a wider body of reference.

AO may be calculated using the distinction of a 34 Period and 5 Period Simple Moving Averages.

The most easy sign generated by the Awesome Indicator is the Zero Line Cross. This is just when the AO worth crosses above or beneath the Zero Line. This indicates a change in momentum.

When AO crosses above the Zero Line, quick time period momentum is now rising faster than the long term momentum. This can present a bullish buying opportunity.

When AO crosses beneath the Zero Line, brief time period momentum is now falling faster than the long run momentum. This can current a bearish promoting alternative.

Easy Awesome Oscillator offers a comprehensive dashboard that lets you view the Awesome Oscillator Zero Line crossover alerts of multiple devices throughout 6 timeframes (M5, M15, M30, H1, H4, D1) at one glance. In this fashion, you don't miss out any buying and selling opportunities even on the go.

Below are a few of the key options of the app.

- Timely show of Awesome Oscillator Zero Line crossover signal of a number of devices across 6 timeframes (lower timeframes indicators are solely available for subscribers)

- Timely push notification alert of Awesome Oscillator Zero Line crossover signal of your favourite devices in your watch listing,

- Display headline news of your favourite instruments,

- Economic Calendar of upcoming events

Easy Indicators relies on your support to fund its growth and server costs. If you want our apps and want to support us, kindly contemplate subscribing to Easy Awesome Oscillator Premium. This subscription removes all commercials inside the app, lets you access the alerts of all 6 timeframes and support our growth of future enhancements.

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Disclaimer/Disclosure

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