Avesome Oscillator - traditional general approach
Awesome Oscillator (AO) is a momentum indicator that reflects market trend changes by comparing recent market velocity with historical velocity. The traditional trading approach focuses on capturing macro-driven trends and avoiding false breakouts caused by the pair's typical high volatility. Zero-Line Crossover This is the simplest trend-following signal indicating a shift in market direction. Bullish Signal (Buy): AO crosses from below zero to above zero. Bearish Signal (Sell): AO crosses from above zero to below zero. Apply Filter It can be 200-SMA or Ichimoku cloud for example. Only look for Buy signals if the price is above the 200-SMA or Ichimoku cloud. Only look for Sell signals if the price is below the 200-SMA or Ichimoku cloud. Best used on daily (D1) charts to capture large
0 









