The awesome oscillator is an indicator that shows the market momentum by taking the difference between two simple What are value stocks? A value company is a company that app... More momentum of a previous period to that of a more recent one.with different values. It compares the
How to use it in trading
The The awesome oscillator is an indicator that shows the market... More is calculated by subtracting the simple What 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 price 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 What is price action in trading? Price action describes the ... More.