The awesome oscillatorThe awesome oscillator is an indicator that shows the market... More is an indicator that shows the marketWhat are value stocks? A value company is a company that app... More momentum by taking the difference between two simple with different values. It compares the market momentum of a previous period to that of a more recent one.
How to use it in trading
The awesome oscillator is calculated by subtracting the simple moving averageWhat is a moving average indicator? In technical analysis, ... More with the long period from the one with the shorter period.
Green lines show when the priceWhat are value stocks? A value company is a company that app... More was going up and red lines when it was going down. When the indicator is rising, it shows increasing market momentum; when the indicator is falling, it shows decreasing market momentum. The stronger the movement of the oscillator, the stronger the .
In the chart below, the awesome oscillator can be found in the area below the price actionWhat is price action in trading? Price action describes the ... More.