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The Awesome Oscillator (AO) is an indicator used to measure market momentum. AO calculates the difference between a 34 Period and 5 Period Simple Moving Average. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. AO is generally used to affirm trends or to anticipate possible reversals.

Read more about the Awesome Oscillator (AO) in TradingView wiki.
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GBPCAD, W
How I Trend Trade Using Fractals and Moving Averages

UP Fractal = Resistance, buy on breakout DOWN Fractal = Support, sell on breakout If Trend gets going, hold on to position until price closes above/below purple line. Watch for divergences in Momentum indicator vs. price. Watch for major and minor corrections that could indicate a new entry point or a slowing price. After a trend is done, prices will always ...

FXSpider FXSpider AUDUSD, 240, Long ,
263 0 3
AUDUSD, 240 Long
DIVERGENCE

Divergence at h4. LONG to 0.74 or above

FXSpider FXSpider AUDUSD, 60, Long ,
168 0 2
AUDUSD, 60 Long
DIVERGENCE

DIVERGENCE AT H1

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NZDUSD, D Long
NZDUSD Could test 0.7175

Trying to simplify trading and keeping it clean. 1. Price was trending lower in a falling equidistant channel. Support/Resistance identified at 0.7239 - 0.7175 2. To current lows, strong divergence to the AO 3. Y'day price was a doji so a possible bullish close today could further strengthen the bullish bias --------------------- Trigger: Waiting for the AO to ...

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