Awesome Oscillator Indicator
Awesome Oscillator – Capture the momentum before it explodes! 🚀📊
Want to know who is in control? The bulls or the bears?
The Awesome Oscillator (AO) indicator gives you strong momentum signals before a significant market move! 🧠🔥
📊 What is the AO Indicator?
It is a histogram that shows the difference between two simple moving averages (SMA) based on the median price:
AO = SMA(5) − SMA(34) (based on the average of the highest and lowest price)
🟢 Columns above zero → Buying momentum (bullish)
🔴 Columns below zero → Selling momentum (bearish)
🟠 Change in column color → Shift in momentum!
💡 How to use it?
✅ Zero line crossover
– AO rises from below to above zero → Buying momentum
– AO falls from above to below zero → Selling momentum
✅ Twin Peaks Strategy
– Bullish: Two bottoms below zero, the second higher → Probability of rise
– Bearish: Two tops above zero, the second lower → Probability of decline
✅ Saucer Strategy
– Follow 3 consecutive columns where the trend changes
– Example: from red to green above zero = strong bullish signal
🧠 Its best uses:
🔹 Confirmation of the overall trend
🔹 Early detection of momentum changes
🔹 Entry signals during breakouts or breakdowns
⚠️ But be careful:
❌ Gives false signals in sideways markets
❌ It is preferable to use it with supporting indicators like MACD or RSI or trend lines
🟢 Is it available on Binance?
Yes ✅
Search for "Awesome Oscillator" in the indicators list
🛠️ Method of adding it:
Open any chart
Click on [🧠 Indicators]
Type "Awesome Oscillator"
Add it – the default settings are ready to use
📌 Tip for professionals:
If you combine AO and Parabolic SAR → You get double strength: SAR determines the trend, and AO confirms the momentum 💥
🧲 AO Indicator is a simple yet lethal tool for momentum trading enthusiasts.