i think awesome is best indicator to trade and is one of the most powerful indicators you can use. It is very reliable and very intuitive even if you have never seen it before.
There are plenty of charting packages that offer the awesome indicator
If you use this indicator as a trading system, you will always be in a trade. This means that, for example, if the indicator gives you a buy signal, you enter in a long position. As soon as it gives you a sell signal, you exit the
long trade and, at the same time, you enter in a short sell
position.
The Awesome indicator appears as an histogram and has two colours – red and green. When the indicator is red, it means that the indicator decreased; when it is green, it means that the indicator increased.
This indicator is a great tool to spot tops and bottoms, so it’s a good idea to use it especially for that. It helps you to confirm trades generated by other techniques and you can also use it as a trading system.
Usually, when the Awesome indicator is below the centerline (0) and turns green, that means that a rise in prices can be near. When the indicator is above the centerline (0) and turns red, that usually means that prices
can be in or near a top.
There are plenty of charting packages that offer the awesome indicator
If you use this indicator as a trading system, you will always be in a trade. This means that, for example, if the indicator gives you a buy signal, you enter in a long position. As soon as it gives you a sell signal, you exit the
long trade and, at the same time, you enter in a short sell
position.
The Awesome indicator appears as an histogram and has two colours – red and green. When the indicator is red, it means that the indicator decreased; when it is green, it means that the indicator increased.
This indicator is a great tool to spot tops and bottoms, so it’s a good idea to use it especially for that. It helps you to confirm trades generated by other techniques and you can also use it as a trading system.
Usually, when the Awesome indicator is below the centerline (0) and turns green, that means that a rise in prices can be near. When the indicator is above the centerline (0) and turns red, that usually means that prices
can be in or near a top.